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flag World Bank lowers 2025 growth forecast to 2.3%, citing trade tensions and tariffs.

flag The World Bank has downgraded its 2025 global economic growth forecast to 2.3% due to escalating trade tensions and tariffs. flag The US economy is expected to grow at 1.4%, half its 2024 rate, while China's growth is predicted to slow to 4.5%. flag Europe's growth is forecast to drop to 0.7%. flag The report warns of potential harm to living standards and urges global dialogue to ease trade barriers and uncertainty.

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