trump trumps tariffs business shoppers major tech war china donald

IMF downgrades growth forecast for U.S., pointing to 'negative shock' from tariffs

IMF downgrades growth forecast for U.S., pointing to 'negative shock' from tariffs

The International Monetary Fund slashed its 2025 growth forecast for the U.S. economy to 1.8%, a 0.9-point decrease from January, spurred by President Trump's trade actions and policy uncertainty.

Comments

Similar News

The IMF has a protest problem

As policymakers leave IMF-World Bank talks, they take with them a sense of foreboding

West ‘cannot be agnostic or naive’ about where goods are made, Reeves tells IMF

West ‘cannot be agnostic or naive’ about where goods are made, Reeves tells IMF

IMF lashes out at China and US over trade war as tariff turmoil takes toll on corporate titans

IMF chief urges countries to move 'swiftly' to resolve trade tensions that threaten global growth

IMF chief urges US to strike trade deals swiftly to limit damage to global economy

Treasury Secretary Scott Bessent rips IMF over woke ‘mission creep’

Trump administration says IMF and World Bank are falling short of their missions

Scott Bessent Accuses IMF and World Bank of ‘Mission Creep’

White House claims 'a lot of progress' on trade as IMF cuts growth forecast

The Guardian view on the IMF’s warning: Donald Trump could cost the world a trillion dollars | Editorial

The global economy will be hit hard by Trump's tariffs, IMF warns

U.S., global economic outlook worsens in the face of Trump's tariffs, IMF says

U.S. and global economic outlook deteriorates in Trump trade war, IMF says

IMF says Trump’s tariffs will be a drag on global economic growth

Three more UK interest rate cuts this year, predicts IMF

Risks to global financial stability surging after Trump tariffs, warns IMF

Long term impacts of Trump's tariffs will be negative, says IMF – video

Less money, lower living standards and higher taxes... this is what the IMF's bombshell new UK growth forecast could mean for you: JOHN-PAUL FORD ROJAS

Business News

Amazon launches its first internet satellites to compete against SpaceX's Starlinks

Amazon launches its first internet satellites to compete against SpaceX's Starlinks

about 16 hours ago

DWP clarifies Universal Credit rules for holidays – payments could stop unless you do this

DWP clarifies Universal Credit rules for holidays – payments could stop unless you do this

about 16 hours ago

The Crusader: PCN error based on faulty camera drives husband to despair

The Crusader: PCN error based on faulty camera drives husband to despair

about 16 hours ago

French train lovers targeted in new 'first-of-its-kind' VisitScotland campaign

French train lovers targeted in new 'first-of-its-kind' VisitScotland campaign

about 16 hours ago

Appeal bid for ‘coffee stops’ on Scotland-England border rejected

Appeal bid for ‘coffee stops’ on Scotland-England border rejected

about 16 hours ago

Boutique hotel and restaurant in historic Scottish location goes on market

Boutique hotel and restaurant in historic Scottish location goes on market

about 16 hours ago

White House blasts Amazon over tariff surcharge label: ‘This is a hostile and political act’

White House blasts Amazon over tariff surcharge label: ‘This is a hostile and political act’

about 16 hours ago

Trump to ease blow from auto tariffs by giving car makers exemptions on steel, aluminum: report

Trump to ease blow from auto tariffs by giving car makers exemptions on steel, aluminum: report

about 16 hours ago

UK’s oldest Indian restaurant with Michelin star at threat of closure pleas with King Charles to keep it open

UK’s oldest Indian restaurant with Michelin star at threat of closure pleas with King Charles to keep it open

about 16 hours ago

Have you been underpaid the state pension? Use simple tool to find out as DWP pays back £800million

Have you been underpaid the state pension? Use simple tool to find out as DWP pays back £800million

about 16 hours ago

Huge rule change for banks after over 400,000 had accounts closed last year after Farage scandal

Huge rule change for banks after over 400,000 had accounts closed last year after Farage scandal

about 16 hours ago

Is Declan Rice The Best Midfielder In The World Right Now?

Is Declan Rice The Best Midfielder In The World Right Now?

about 16 hours ago

A New Study Shows How Gen AI May Transform Access To Mental Health Services

A New Study Shows How Gen AI May Transform Access To Mental Health Services

about 16 hours ago

Climate Change Serendipity: A Bordeaux Grand Cru Winery Makes Authentic Japanese Soy Sauce

Climate Change Serendipity: A Bordeaux Grand Cru Winery Makes Authentic Japanese Soy Sauce

about 16 hours ago

Maury Povich Has Some Thoughts About The Media Business Today

Maury Povich Has Some Thoughts About The Media Business Today

about 16 hours ago

Calling AI To The Grocery Aisle

Calling AI To The Grocery Aisle

about 16 hours ago

Russia’s New Jet-Engine Drone Aims To Break Through Ukrainian Defenses

Russia’s New Jet-Engine Drone Aims To Break Through Ukrainian Defenses

about 16 hours ago

Donna Summer Debuts A Decades-Old Album On Several Charts

Donna Summer Debuts A Decades-Old Album On Several Charts

about 16 hours ago

Led Zeppelin’s Biggest Hit On The Charts Was Never Actually A Single

Led Zeppelin’s Biggest Hit On The Charts Was Never Actually A Single

about 16 hours ago

Bob Marley’s Bestseller Bounces Back To The Charts In A Big Way

Bob Marley’s Bestseller Bounces Back To The Charts In A Big Way

about 16 hours ago

Kentucky Derby 2025: Journalism, Sovereignty, And Rodriguez In Works

Kentucky Derby 2025: Journalism, Sovereignty, And Rodriguez In Works

about 16 hours ago

Three Different Beatles Albums Chart This Week — And Two Of Them Return

Three Different Beatles Albums Chart This Week — And Two Of Them Return

about 16 hours ago

Birmingham lorry drivers’ pay cuts ‘an escalation’ of bin strike, union says

Birmingham lorry drivers’ pay cuts ‘an escalation’ of bin strike, union says

about 16 hours ago

Richard Caring's Ivy Collection of restaurants serves up record sales and profits

Richard Caring's Ivy Collection of restaurants serves up record sales and profits

about 16 hours ago

'My wife lost her job and we're buying a house - do we need to tell our mortgage provider?'

'My wife lost her job and we're buying a house - do we need to tell our mortgage provider?'

about 16 hours ago

The councils dishing out most (and least) fines to parents over holidays

The councils dishing out most (and least) fines to parents over holidays

about 16 hours ago

'So sad' say shoppers as major toy retailer set to close store this weekend

'So sad' say shoppers as major toy retailer set to close store this weekend

about 16 hours ago

'I love the original Wonderskin lip stain so much I bought the new shade to see if it's as good'

'I love the original Wonderskin lip stain so much I bought the new shade to see if it's as good'

about 16 hours ago

M&S stores left with empty food shelves as it continues to battle cyber attack

M&S stores left with empty food shelves as it continues to battle cyber attack

about 16 hours ago

Top Tech: Giffgaff is dishing out £100 to try its new broadband to rival Sky and Virgin

Top Tech: Giffgaff is dishing out £100 to try its new broadband to rival Sky and Virgin

about 16 hours ago

Where Arsenal vs PSG is on TV for free as Champions League game not on TNT Sports

Where Arsenal vs PSG is on TV for free as Champions League game not on TNT Sports

about 16 hours ago

Garnier hyaluronic acid-infused SPF50 gets a 'better than £10 Tuesday' saving in Amazon deal

Garnier hyaluronic acid-infused SPF50 gets a 'better than £10 Tuesday' saving in Amazon deal

about 16 hours ago

M&S cyber attack that crippled stores is 'linked to gang of teenage hackers'

M&S cyber attack that crippled stores is 'linked to gang of teenage hackers'

about 16 hours ago

Tesco shoppers told to act before May 31 as supermarket issues alert

Tesco shoppers told to act before May 31 as supermarket issues alert

about 16 hours ago

'Fantastic' kids mini trampoline is reduced to £68 from £200 in time for the heatwave week

'Fantastic' kids mini trampoline is reduced to £68 from £200 in time for the heatwave week

about 16 hours ago

‘Next has a £24 fragrance that smells just as good as my favourite Chanel perfume’

‘Next has a £24 fragrance that smells just as good as my favourite Chanel perfume’

about 16 hours ago

THG sales hurt by beauty weakness but nutrition shows recovery

THG sales hurt by beauty weakness but nutrition shows recovery

about 16 hours ago

New electric car MOT tests could be introduced in Britain - here's why

New electric car MOT tests could be introduced in Britain - here's why

about 16 hours ago

Trainer prices will rise due to tariffs, says Adidas

Trainer prices will rise due to tariffs, says Adidas

about 16 hours ago

I've spent hundreds of hours on Amtrak trains. I always prepare for these 5 mishaps that can make journeys more difficult.

I've spent hundreds of hours on Amtrak trains. I always prepare for these 5 mishaps that can make journeys more difficult.

about 16 hours ago

3 days in the office is the sweet spot — any more and staff start disengaging from work, PwC HR boss says

3 days in the office is the sweet spot — any more and staff start disengaging from work, PwC HR boss says

about 16 hours ago

Inside the first week back at JPMorgan's largest US office, from the memos to the jockeying for desks

Inside the first week back at JPMorgan's largest US office, from the memos to the jockeying for desks

about 16 hours ago

Ray Dalio warns that the international world order is on the brink of breaking down

Ray Dalio warns that the international world order is on the brink of breaking down

about 16 hours ago

’Nowhere to turn’: Small businesses dependent on imports from China are feeling more desperate

’Nowhere to turn’: Small businesses dependent on imports from China are feeling more desperate

about 17 hours ago

Tens of thousands of Los Angeles County workers begin 2-day strike

Tens of thousands of Los Angeles County workers begin 2-day strike

about 17 hours ago

Landlocked Sahel states back Morocco's sea access initiative

Landlocked Sahel states back Morocco's sea access initiative

about 17 hours ago

Coca-Cola reports better-than-expected quarterly profit, says it can manage through tariffs

Coca-Cola reports better-than-expected quarterly profit, says it can manage through tariffs

about 17 hours ago

Top five easy access Cash ISAs paying up to 5.71% interest

Top five easy access Cash ISAs paying up to 5.71% interest

about 17 hours ago

Two DWP changes to the state pension from next year that mean payments will drop

Two DWP changes to the state pension from next year that mean payments will drop

about 17 hours ago

DWP and HMRC payment date changes to be aware of

DWP and HMRC payment date changes to be aware of

about 17 hours ago

Angela Rayner’s workers overhaul could cost jobs, claim store bosses

Angela Rayner’s workers overhaul could cost jobs, claim store bosses

about 17 hours ago

Hiltzik: Inside the GOP's secret plan to destroy Medicaid

Hiltzik: Inside the GOP's secret plan to destroy Medicaid

about 17 hours ago

Tony Lam was an original influencer in Little Saigon — and he's still got it

Tony Lam was an original influencer in Little Saigon — and he's still got it

about 17 hours ago

Edison told the government that Calderon was an 'executive.' Now it claims she wasn't.

Edison told the government that Calderon was an 'executive.' Now it claims she wasn't.

about 17 hours ago

Adidas cautions over higher prices and halts outlook upgrade due to tariff woes

Adidas cautions over higher prices and halts outlook upgrade due to tariff woes

about 17 hours ago

Oil refining comes to an end in Scotland as Grangemouth halts processing work

Oil refining comes to an end in Scotland as Grangemouth halts processing work

about 17 hours ago

Ladbrokes owner appoints interim chief Stella David as permanent boss

Ladbrokes owner appoints interim chief Stella David as permanent boss

about 17 hours ago

Around 150 jobs at risk as ABF warns bioethanol plant could close

Around 150 jobs at risk as ABF warns bioethanol plant could close

about 17 hours ago

Sky internet went down leaving hundreds of customers with broadband issues – how to check your area

Sky internet went down leaving hundreds of customers with broadband issues – how to check your area

about 17 hours ago

Thousands of Tesco Clubcard holders need to act now to avoid losing vouchers

Thousands of Tesco Clubcard holders need to act now to avoid losing vouchers

about 17 hours ago