💨 Abstract

In July 2025, the International Monetary Fund (IMF) upgraded the global economic outlook, forecasting 3% growth for 2025 and 3.1% for 2026, up from earlier projections, despite President Trump’s trade policies. The IMF cited less damage from tariffs than expected, partly due to advanced imports and suspended levies. Global growth remains below pre-pandemic levels due to trade tensions. The U.S.

Courtesy: WTOP Staff