IMF Report: How Trump’s Tariffs Hit Global Economies in 2025
The IMF’s April 2025 World Economic Outlook reveals the impact of Trump’s tariffs on global growth, projecting a baseline of 2.8% for 2025, down 0.5% from January estimates. The US faces the steepest cut, with growth revised to 1.8% (down 0.9%), while China’s forecast drops to 4% (down 0.6%). India remains resilient at 6.2%, despite…