GLOBAL GROWTH REMAINS SLUGGISH AS TARIFF THREATS LOOM

Summary from the TLDR Marketing newsletter

Global economic growth is expected to slow as trade tensions and protectionist policies weigh on output. The International Monetary Fund (IMF) projects global growth will fall to 3.2% in 2025 and 3.1% in 2026, down from 3.3% last year. The US is forecast to slow to 2% growth this year from 2.8% in 2024, while China's growth is expected to drop to 4.8% and continue falling to 4.2% in 2026. The IMF warned that rising tariffs could fuel inflation in the US as higher import costs begin to reach consumers.