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Peter Navarro blames the GDP drop on import spikes tied to tariffs, claiming growth would've hit 3% without them.
Other solutions are needed. The world economy is reaching what has been called “Limits to Growth.” Figure 1. Chart made by Gail Tverberg showing the general pattern of secular cycles based on ...
Trump’s tariffs are forecast to slow the global economy sharply this year, the International Monetary Fund said.
A new GDP report is expected to offer a first look at how tariffs are reshaping spending patterns and changing the economy.
World Economic Outlook update downgrades global growth forecasts due to US trade policy shifts. Click for more on worldwide ...
The World Economic Outlook report projects that global output will slow to 2.8 percent this year from 3.3 percent in 2024. In January, the fund forecast that growth would hold steady in 2025.
In its April World Economic Outlook, the IMF lowered Oman’s real GDP growth forecast for 2025 by 80 basis points to 2.3%, down from 3.1% projected in October last year. The sultanate’s growth forecast ...