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Tag: global trade disruption
Global Markets Stagger Under Heaviest U.S. Tariff Fallout in Recent Memory
In April 2025, former President Donald J. Trump, having returned to the White House, unveiled a sweeping new round of tariffs targeting China and other major trade partners, including the European Union, Canada, and Mexico. The most severe measures include tariffs of up to 145% on Chinese imports and steep increases on goods ranging from automobiles to electronics from allied nations. Though pitched as a bold assertion of economic sovereignty, this new tariff regime has already begun reshaping global markets, sparking retaliatory threats, and provoking urgent legal and political scrutiny.
Unleashing the Most Disruptive Trade Shift: How U.S. Tariffs Triggered the Worst IMF Forecast Revision in Years
In April 2025, the International Monetary Fund (IMF) significantly downgraded its forecast for U.S. economic growth, projecting a slowdown to 1.8% for the year, a notable decrease from the previous estimate of 2.7%. This revision is largely attributed to escalating trade tensions following the implementation of tariffs by the U.S. administration. The IMF also raised its U.S. inflation forecast to approximately 3%, about a one-percentage-point increase from earlier projections. (Investopedia)