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A security guard stands on April 17, 2025 at Washington, DC on the edge of the building advertising the International Monetary Fund / World Bank Spring meetings.
Jim Watson | AFP | Getty pictures
International Monetary Fund on Tuesday reduced growth forecasts Trade tension for the large Asian economy in 2025 and “High policy uncertainty”;
The IMF has lowered 2025 GDP forecast for China and India, respectively 4% and 6.2% January forecast 4.6% and 6.5% respectively.
China’s official GDP growth target was set at 5% for 2025, and forecasted the 6.5% increase in April 2025 in April 2026, 2025.
The IMF also reduced Japan’s growth forecast from 1.1% to 0.6%.
Owns Japan Growth Project 1.1% In April 2025, in April 2025, until 2026, operate until 2026.
Globally, an increase of 3.3% to 2025 was reduced to 3.3%, the IMF has been declaring the US and trading partners “the main negative shock to grow.”
In addition, it is a negative impact on the unpredictability, economic activity and outlook of these measures, “it is more difficult than normal for consistent and timely predictions.
The IMF forecast comes between research firms and more banks, which cut growth forecasts for Asian economies.
In April before, Goldman Sachs has lowered economists forecasts This year, for China’s growing tariffs for the total domestic product of China, from 4.5% to 4.0% compared to the increase.
Natixis also reduced Chinese GDP forecast to 4.2% this year to 4.2%.
Fitch India has also been reported to have increased growth forecasts The deterioration of the global economic environment resulting in strengthening the US-China trade war is from 6.3% to 6.2%.
Since the date of his appointment on January 20, US President Donald Trump, steel, aluminum and tariffs with the import of cars, On April 2, before announcing mass “mutual” tariffs in the world in almost every country.
A week later, but this “mutual” stopped tariffs, only one in all countries except China alone.
Following the Tat-Tat Tariff Tariff for the throne, the Tariffs in China are currently in China Stand up to 245% In some items, China’s 125% of the US imports, while the task is applied, “Fight to the end.”
In contrast, Japan and India, more reconciliation position for Trump, sending a trade delegation to talk to US colleagues in Japan.
On April 17, Trump, “Great Progress” in trade talks, but Japan’s best conversator Ryosei Akazawa reported they returned to Tokyo without any agreement“I called on the fact that the tariff measures were very regret, I called on these policies to revise these policies.”
Prime Minister for India Narendra Modi met with Vice President of the United States JD Vance One reading from Monday and Modi office, the two leaders welcome the significant progress in negotiations for mutually beneficial India-US talks for the bilateral trade agreement. “