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Trump's trade war could drag global economic growth to the lowest since the 1960s, World Bank says
The World Bank says tariffs will hurt global growth, estimating that the trade war will shave almost half a percentage point ...
World Bank backs Trump’s gripe over other nations’ higher tariffs on U.S. goods
The World Bank said the U.S. economy in 2025 will grow 1.4 percent, 0.9 percentage points slower than its January forecast.
‘Harm to living standards’: World Bank’s chilling economic warning
The World Bank has sounded the alarm predicting global growth is on track for its weakest year since the global financial ...
Global economy on track for worst decade since 1960s, World Bank warns
Global economic growth is on track for its weakest decade since the 1960s, according to a new analysis by the World Bank, which cites President Donald Trump’s trade war as a major factor weighing on ...
Trade war accelerates major slowdown in global economy since start of 2020s
According to the World Bank, global economic growth is expected to reach 2.3% this year, down from the 2.7% forecast in ...
Vietnam risks being the trade war’s biggest loser. Does it have a plan B?
In the postwar period, it pursued a Soviet-style model of a centrally planned economy in which the government controlled all production, trade and prices. The collectivisation of farming, its primary ...
World Bank Cuts Global Economic Growth Forecast Amid Tariff-Fueled Uncertainty
The global economy could grow less this year than previously projected, the World Bank said Tuesday, citing uncertainty over ...
World Bank Slashes U.S. Growth Forecast
The U.S. economy is likely to grow just 1.4% this year, half the rate recorded in 2024, as a result of President Trump's ...
As trade talks continue, China thinks it has leverage over U.S.
China returns to trade talks with the U.S. holding, from its view, a strong hand: Its economy is bearing up better than ...