Tag Archives: Trade war

The International Monetary Fund has revised its economic outlook, warning that global and U.S. growth prospects have deteriorated due to rising trade tensions and policy uncertainty linked to President Donald Trump’s tariff strategy. According to the IMF’s latest World Economic Outlook, global growth for 2025 is expected to slow to 2.8%, a notable drop from its January projection of 3.3%. …

The United States is considering a major shift in its trade relations with Canada and Mexico, with President-Elect Trump proposing tariffs of up to 25 percent on key imports. This includes critical goods such as crude oil, automobiles, and agricultural products. The proposed tariffs come amid increasing tensions over border security and trade imbalances between the countries. For Canada, the …