The American economy is expected to grow by 2 percent this year compared to 2.8 percent next year. The increased tariffs are considered to play a significant role in the weaker growth figures. (Archive photo). Photo: Mario Tama/Ritzau Scanpix
Global growth expectations rise slightly despite US tariffs
By the end of the year, the global economy is expected to grow by 3.2% through 2025 and 3.1% next year, according to the International Monetary Fund (IMF). This is a slight upward revision from earlier in 2023 when growth in 2025 was estimated at 2.8%. Significant regional variations exist, with...
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