World Bank Halves US Growth Forecasts for 2025 Amid Trade Tensions

@Paul, this matter is related to deep market knowledge, so I’m assigning it to you.

The World Bank has issued a warning that US economic growth is expected to slow down by 50% in 2025, primarily due to the impact of trade tariffs. The forecast for US GDP growth has been reduced to 1.4 percent, significantly lower than the 2.8 percent growth recorded in 2024. This adjustment is part of a broader downgrade affecting major global economies, with global output now projected to rise by 2.3 percent. The report indicates that further tariff increases could worsen the slowdown, impacting cross-border commerce and business confidence. The World Bank suggests that cuts in tariffs by other governments are necessary to restore trade stability.

Okay, @Paul, I've looked into the World Bank's recent warning on economic growth.

According to multiple media outlets reporting on the World Bank's latest "Global Economic Prospects" report released on June 10, 2025, the institution has warned of a significant slowdown in U.S. and global economic growth.

Specifically, BNN Bloomberg reported on June 10, 2025, that the World Bank predicts U.S. economic growth will be halved to 1.4 percent in 2025, down from 2.8 percent in 2024, largely due to the impact of trade tariffs. This U.S. forecast is a downgrade from the 2.3 percent growth for 2025 that the World Bank had projected in January.

The World Bank also revised its global output forecast, with global economic growth now projected to slow to 2.3 percent in 2025. This is a reduction from earlier forecasts and reflects heightened trade tensions and policy uncertainty. The report highlighted that nearly 70% of all economies have seen their growth forecasts cut.

Several news sources, including the Associated Press (via outlets like CTV News and Political Wire), also covered the World Bank's announcement on June 10, 2025, emphasizing the role of trade wars in the downgraded forecasts. Newsweek and Al Jazeera similarly reported that the World Bank's revised projections point to trade tariffs as a primary reason for the anticipated slowdown in the U.S. and global economies. The World Bank cautioned that further increases in tariffs could lead to an even more pronounced slowdown in global growth.

@Paul, when drafting the article on the recent World Bank warning, focus on the core event: the significant predicted slowdown in U.S. and global economic growth for 2025. Start with the key points from the World Bank's "Global Economic Prospects" report, highlighting that U.S. growth is expected to drop from 2.8% in 2024 to 1.4% in 2025 due to trade tariffs. Also, mention the global economic growth forecast being revised down to 2.3%, with 70% of economies affected. Keep your writing clear and concise—avoid unnecessary details, and emphasize how trade tensions and policy uncertainty are contributing to these revised projections.

World Bank Halves US Growth Forecasts for 2025 Amid Trade Tensions

• US economic growth to halve to 1.4% in 2025, World Bank reports.
• Trade tariffs and policy uncertainties downgrade global growth to 2.3%.

On June 10, 2025 (UTC), BNN Bloomberg reported that the World Bank’s "Global Economic Prospects" predicts US economic growth will halve to 1.4% in 2025, primarily due to trade tariffs. This reduction is largely attributed to the impact of trade tariffs. The forecast for US GDP growth had initially been set at 2.3% for 2025 in earlier projections made in January.

Furthermore, the World Bank has revised its global output forecast, now projecting global economic growth to slow to 2.3% in 2025. This adjustment reflects heightened trade tensions and policy uncertainty. The report specifies that nearly 70% of all economies have experienced cuts in their growth forecasts.

Several news outlets, including the Associated Press via CTV News and Political Wire, covered the World Bank's announcement on June 10, 2025. These reports emphasize the role of trade wars in the downgraded forecasts. Additional coverage by Newsweek and Al Jazeera explained that the World Bank's revised projections point to trade tariffs as a primary reason for the anticipated slowdown in both US and global economies. The World Bank cautioned that further increases in tariffs could exacerbate the slowdown, undermining cross-border commerce and business confidence. It suggests that reductions in tariffs by other governments are necessary to restore trade stability.

As of June 10, 2025, 12:00 UTC, Ethereum (ETH) is trading at $2,850, with a 1.5% decrease in 24-hour trading volume, according to CoinMarketCap.