Global Economy Slowdown: Trade War Impacts Growth
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The World Bank projects a sharp slowdown in global economic growth to 2.3% in 2025, down from 2.8% in 2024, primarily due to President Trump's trade policies disrupting international commerce and increasing uncertainty. While a recession is not predicted, this marks the weakest growth decade since the 1960s, significantly impacting developing nations. The report warns of severe consequences to living standards without immediate action.
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