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Freight shipping containers, on June 3, 2025, Hamburg, in Harbor in North Germany, is loaded with cranes on container ships at the Burcuparka Container terminal.
Fabian Bimmer | AFP | Getty pictures
The World Bank has dramatically cut global economic growth forecasts as a result of the uncertainty of trade.
Now in 2025, in 2025, it expects 2.3% of the global economy expansion.
“This will mark the slowest global growth since 2008,” but other than open global recessions, “he said.
The World Bank offered that the uncertainty of trade, especially the outlook.
“In international differences – especially about trade, especially in the decline in trade, and the II World War II has justified many political contradictions that help expand the prosperity after the end of World War II.
He also reduced the 2025 growth forecast for the United States to 1.4 percent and appreciated by 0.7% to 0.7% of GDP in the Eurozone.
The bank noted that the increase in trade tensions may lower growth, but the main economies emphasize the sustainable trade agreements.
“Our analysis shows today’s trade disputes, the global growth in 2025 and 2026 in 2025 and 2026 is resolved with the increase in tariffs than the level of relative tariffs with an average of about 0.2 percent.
Many of the United States and trade partners are currently negotiating after US President Donald Trump Dick tariffs are applied in many countries in April. This week, for example, the United States and China are meeting in London after the agreement between the two countries reduces the harvesting temporarily After negotiations in May.
Negotiations between the United States and the European Union continue Less than one month Before previously declared, the tariffs are designated to become full power.
While cutting global growth expectations, the World Bank, including other various bodies, including the Economic Cooperation and Development Organization asked the enemy from trade and uncertainty related to tariff as a key factor.
OECD said that the global growth in the beginning of this month will be slow in 2025 to 2.9% in 2025, and the future tariff developments are aware of the potential. Previously, this year the global growth was expected to increase by 3.1%.
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