World Bank cuts global growth forecast to 2.3% as Trump’s tariffs shake world trade

As US President Donald Trump's tariffs on the world and trade war with China have disrupted world trade, the World Bank has cut the global growth forecast to 2.3% from 2.7% for 2025. It said that India would be the fastest-growing major economy. read more A drone view shows a cargo ship and shipping containers at the port of Lianyungang in Jiangsu province, China October 17, 2024. (Photo: Reuters) The World Bank has cut the global growth forecast to 2.3 per cent from 2.7 per cent for 2025. The cut has come at a time when US President Donald Trump's…