World Bank cuts growth forecast for almost 70% of all economies, citing tariff uncertainty

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World Bank cuts growth forecast for almost 70% of all economies, citing tariff uncertainty

theglobeandmail.com/business/article-world-bank-growth-forecast-trade-tariffs

The World Bank on Tuesday slashed its global growth forecast for 2025 by 0.4 percentage point to 2.3 per cent, saying higher tariffs and heightened uncertainty posed a “significant headwind” for nearly all economies.
In its twice-yearly Global Economic Prospects report, the bank lowered…

This story appeared on theglobeandmail.com, 2025-06-10 14:04:26.