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flag World Bank lowers global growth forecast to 2.3%, citing US trade policies and trade wars.

flag The World Bank has downgraded its global economic growth forecast to 2.3% for 2025, citing US trade policies and trade wars as key factors. flag The US economy's growth is expected to halve to 1.4% in 2025 from 2.8% in 2024. flag China's economy is projected to slow to 4.5% this year from 5% in 2024. flag The World Bank warns that without a swift course correction, the impact on living standards could be significant.

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