World Bank Warns of Slower Global Growth due to Tariffs and Trade Disruption

The World Bank has issued a concerning report warning that tariffs implemented by the U.S. are significantly impacting global economic growth. The bank predicts a slowdown in major economies including the U.S., Europe, Japan, and India, with the impact felt most acutely in developing countries. Growth projections for 2025 have been lowered due to increased trade barriers hindering exports from many nations. China’s growth remains unchanged at 4.5%, while other key economies are projected to expand by just 0.7% in 2026, down from previous estimates.