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Global Economy Slowdown: Trade War Impacts Growth

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Global Economy Slowdown: Trade War Impacts Growth

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.

Prepared by Christopher Adams and reviewed by editorial team.

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