Global Economic Forecasts Slashed Amid US-China Trade Tensions

In today's episode, we delve into the significant downgrades in global economic growth forecasts for 2025, driven by escalating trade tensions between the US and China. Major institutions like S&P Global, Fitch, and the UN have issued warnings, with growth projections hitting their lowest since the 2008 financial crisis. We explore the impact on major economies, the response of financial markets, and the recommendations from international organizations to mitigate the slowdown. Join us as we discuss the key factors that could influence the global economic trajectory. Sources: https://gmk.center/en/news/the-wto-has-sharply-downgraded-its-forecast-for-world-trade-in-2025/ https://thoughtleadership.rbc.com/slowing-growth-higher-prices-a-deeper-dive-into-our-u-s-forecasts/ https://tass.com/economy/1944703 https://businessday.ng/business-economy/article/imf-signals-global-growth-downgrade-amid-surging-trade-tensions/ https://www.fidelity.com/news/article/top-news/202504170645RTRSNEWSCOMBINED_KBN3GP0RA-OUSBS_1 https://theunitednationscorrespondent.com/world-economy-is-on-a-recessionary-trajectory-driven-by-trade-tensions-and-uncertainty-unctad/?amp=1 https://www.intellinews.com/sandp-revises-hungary-s-outlook-to-negative-citing-stagflation-risks-and-fiscal-slippage-376394/ https://www.devere-group.com/us-economic-outlook-2025-recession-risks-surge-amid-tariff-fallout/ https://unctad.org/publication/trade-and-development-foresights-2025-under-pressure-uncertainty-reshapes-global https://t21.us/unctad-estimates-weak-global-economic-growth-due-to-us-tariff-policy/