News

World Bank agrees with Trump’s trade complaints, urges countries to lower tariffs on US
The World Bank said it has had to sharply lower its global growth forecasts because of President Trump’s blizzard of tariffs ...
World Bank Sees U.S. Growth Rate Halving as Tariffs Slow Global Economy
The world’s largest economy is expected to grow by just 1.4% in 2025, a sharp deceleration from the 2.8% expansion recorded ...
Trump's trade war could drag global economic growth to the lowest since the 1960s, World Bank says
The World Bank says tariffs will hurt global growth, estimating that the trade war will shave almost half a percentage point ...
World Bank Paints a Bleak Picture of the U.S. Economy—What It Means for Homebuyers and Sellers
The World Bank is weighing in on economic conditions affecting not only the U.S. but also the global economy, and it gives a ...
World Bank Forecast Underscores Cost of U.S. Trade War
Along with a sharply downgraded projection for global output this year, it urged a “course correction” on trade to help ...
Citing trade wars, the World Bank sharply downgrades global economic growth forecast to 2.3%
President Donald Trump's trade wars are expected to slash economic growth this year in the United States and around the world ...
World Bank Slashes U.S. Growth Forecast
The U.S. economy is likely to grow just 1.4% this year, half the rate recorded in 2024, as a result of President Trump's ...