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IMF Slashes Global Economic Growth Forecast to 2.8%

  • #China
  • #Economic conditions & trends
  • #Money
  • #United States of America
IMF Slashes Global Economic Growth Forecast to 2.8%
story
APR 22
Above: Donald Trump, during a "Make America Wealthy Again" trade announcement event in the Rose Garden at the White House on April 2, 2025, in Washington, D.C. Image copyright: Chip Somodevilla/Staff/Getty Images News via Getty Images
story last updated APR 23

The Spin

Pro-Trump narrative

Trump's tariffs aim to protect American industries and reduce reliance on foreign manufacturing, especially from countries like China that engage in unfair trade practices. The U.S. encourages domestic production, safeguards jobs, and strengthens national security by imposing tariffs. These policies level the playing field for American workers and businesses, promoting long-term economic independence. While short-term costs may rise, the strategic goal is to foster a more self-reliant and resilient U.S. economy, rebuild American wealth, and create true reciprocity in trade relationships.

FoxnewsBreitbart

Anti-Trump narrative

Global growth forecasts have dimmed amid concerns of a looming recession, driven by persistent inflation, high interest rates, and geopolitical tensions. Trump's unprecedented trade barriers exacerbate the situation, risk raising costs for American consumers and businesses, straining global supply chains, and causing economic uncertainty. Such protectionist measures, combined with already sluggish growth, could threaten the stability of the international monetary system that has operated effectively for the past 80 years and push the global economy closer to a downturn.

BloombergCGTN

Metaculus Prediction


Public Figures

Donald Trump


The Controversies


UNLIKELYLIKELY
Status:Open
Will the US Go into Recession in 2025?
Controversy
APR 23APR 23

Articles on this story

Breitbart Business Digest: Trump and the Market Agree—It’s the Fed That’s Out of Step
BreitbartAPR 26
Trump tariffs will undercut U.S. growth and drag the world down, IMF says
AxiosAPR 26
Imf Slashes Global Growth Forecast Says Downside Risks Dominat
BloombergAPR 26
IMF warns of major negative shock from Trumps tariffs
GuardianAPR 26
Imf Cuts Growth Forecasts Most Countries Wake Century High Us Tariffs 2025 04 22
ReutersAPR 26
Global Economy Set For Slowdown As Tariffs Herald New Era Imf Says E54D649
Wall Street JournalAPR 26