IMF forecasts slower development for U.S. economic system in 2025, pointing to escalating commerce conflict

The Worldwide Financial Fund tasks sluggish development for the U.S. economic system this yr attributable to an escalating commerce conflict, reinforcing economists’ warnings concerning the destructive repercussions of President Trump’s tariffs.

The U.S. economic system will develop 1.8% this yr, the IMF stated in its World Financial Outlook, down .9% from January and a full proportion level from final yr’s projection. The worldwide establishment doesn’t anticipate the U.S. to dip right into a recession, however stated the percentages now have risen from 25% to 37%.

The IMF additionally slashed the expansion forecast for the worldwide economic system to 2.8% this yr, down from 3.3% in January.

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