World Bank Slashes Global, U.S. Growth Forecasts to 2.3% as Trump’s Trade War Drags Economy into Turbulence

The World Bank has downgraded its economic outlook for the United States and the rest of the world, warning that President Donald Trump’s sweeping tariffs and unpredictable trade tactics are weighing heavily on global commerce and investor confidence. In its updated Global Economic Prospects report released Tuesday, the Washington-based institution projected that the U.S. economy [...]The post World Bank Slashes Global, U.S. Growth Forecasts to 2.3% as Trump’s Trade War Drags Economy into Turbulence appeared first on Tekedia.

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