The IMF has published its latest World Economic Outlook, which predicts global GDP growth of 2.8% in 2025 and 3.0% in 2026, but with a significant downward revision from previous forecasts due to increased uncertainty caused by the recent tariff events.
Tariffs
Resistance rises to Trump’s tariff war
Senator Amy Klobuchar has introduced the Trade Review Act of 2025, a bipartisan bill that would restore Congressional oversight to U.S. trade policy, in response to the economic instability caused by fluctuating tariffs imposed by President Trump.
