News Snapshot:
U.S. President Donald Trump speaks during an 'Invest in America' roundtable with business leaders at the White House, Monday, June 9, 2025, in Washington. (AP Photo/Evan Vucci) WASHINGTON — U.S. President Donald Trump’s trade wars are expected to slash economic growth this year in the United States and around the world, the World Bank forecast Tuesday. Citing “a substantial rise in trade barriers’’ but without mentioning Trump by name, the 189-country lender predicted that the U.S. economy – the world’s largest – would grow half as fast (1.4 per cent) this year as it did in 2024 (2.8 per cent)....
News Timeline:
Track the development of related news across the Internet.
June 10, 2025
22:04
World Bank cuts global growth forecast to 2.3% as Trump’s tariffs shake world trade
Source: firstpost.com
June 10, 2025
21:04
World Bank cuts growth forecast for almost 70% of all economies, citing tariff uncertainty
Source: theglobeandmail.com
June 10, 2025
20:38
Citing trade wars, the World Bank sharply downgrades forecast for global economic growth to 2.3%
Source: baytoday.ca
June 3, 2025
18:23
OECD lowers global growth outlook as Trump’s trade war hits U.S. economy
Source: theglobeandmail.com
May 16, 2025
07:04
UN forecasts slower global economic growth following Trump’s tariffs and trade tensions
Source: nydailynews.com
May 16, 2025
06:49
UN forecasts slower global economic growth following Trump’s tariffs and trade tensions
Source: clickondetroit.com
April 22, 2025
20:05
US, global economic outlook worsens in the face of Trump’s tariffs, IMF says
Source: elliotlaketoday.com
