60% of developing economies will see slower growth due to tariffs

The World Bank predicts that U.S. GDP will increase by only 1.4% in 2025, down from 2.8% in 2024, due to tariff impacts. Global economic growth is estimated at 2.3%, with potential decreases if tariffs are raised further.

The World Bank anticipates 60% of developing economies to face slower growth this year, influenced by declining commodity prices and lowered demand. This trend is expected to diminish living standards in these regions.