The World Bank says tariffs will hurt global growth, estimating that the trade war will shave almost half a percentage point ...

Along with a sharply downgraded projection for global output this year, it urged a “course correction” on trade to help ...

The report did not name President Trump explicitly, but made it clear that his unprecedented tariffs—a 10 percent tax on ...

The World Bank said the U.S. economy in 2025 will grow 1.4 percent, 0.9 percentage points slower than its January forecast.

The global economy could grow less this year than previously projected, the World Bank said Tuesday, citing uncertainty over ...

The World Bank on Tuesday reduced its outlook for both global and U.S. economic growth this year, citing disruptions to ...

President Donald Trump's trade wars are expected to slash economic growth this year in the United States and around the world ...

Trump’s trade war won’t just cripple domestic markets—it will slow global gross domestic product growth to its lowest point in 17 years. The World Bank’s Global Economic Prospects report ...

Global economic growth is on track for its weakest decade since the 1960s, according to a new analysis by the World Bank, which cites President Donald Trump’s trade war as a major factor weighing on ...

In the postwar period, it pursued a Soviet-style model of a centrally planned economy in which the government controlled all production, trade and prices. The collectivisation of farming, its primary ...