Archive · 13 Jun 2025
World Bank Warns of Global Economic Slowdown Amid Trade Tensions
The World Bank is saying the world's economy isn't doing as well as expected.
They're predicting slower growth because of things like trade disagreements.
Imagine countries trading with each other, but now they're putting up walls (tariffs).
This makes it harder for everyone to make money.
The US, China, and Europe are all expected to grow more slowly.
It's like the car's engine isn't running as smoothly as it was before.
This slowdown could cause problems for many countries.
World Bank warns of a global economic slowdown, revising down growth forecasts.
Global growth is expected to be 2.3% in 2025, a decrease from the 2.8% in 2024.
The US economy growth forecast for 2025 is 1.4%, half of its 2024 growth.
China's economic growth is projected to slow from 5% in 2024 to 4.5% in 2025.
Rising trade barriers, particularly due to U.S. policies, are cited as key contributors to the slowdown.
- Who
- The World Bank.
- What
- The World Bank predicts a global economic slowdown.
- When
- The report covers the year 2025.
- Where
- Globally, with a focus on the US, China, and Europe.
- Why
- Rising trade barriers, including U.S. policies, are the primary reason.
Supporters of Protectionist Trade Policies
Advocates for Free Trade
Trade Barriers
Supporters of Protectionist Trade Policies
Protectionist policies can shield domestic industries.
Advocates for Free Trade
Open trade fosters competition and innovation.
- Global Growth Forecast (2025)
- 2.3%
- Global Growth (2024)
- 2.8%
- U.S. Growth Forecast (2025)
- 1.4%
- China Growth Forecast (2025)
- 4.5%
- Eurozone Growth Forecast (2025)
- 0.7%