![[Podcast] Behind the Breakthroughs: How Almac Powers Clinical Trial Success with Care](https://imgproxy.divecdn.com/5lAJkli_KcGt1FSsw4EaegjgP76IHREqYEWbhNBJOXw/g:ce/rs:fit:770:435/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9CaW9QaGFybWFEaXZlXzEzNDZfeF83MjlfQXJ0d29yay5qcGc=.webp)
Global GDP to slow to 2.7% amid US trade tariffs: PIIE
The global economy is projected to grow at 2.7 per cent in 2025, down from 3.2 per cent in 2024, with the US economy stalling due to new tariffs and policy uncertainty. Inflation is expected to peak at 4.5 per cent, while unemployment rises. Canada and Mexico face challenges from US trade actions, and China's growth falls short of targets. Risks to the outlook remain, including a potential US recession.
The global economy is projected to grow at 2.7 per cent in 2025, down from 3.2 per cent in 2024, with the US economy stalling due to new tariffs and policy uncertainty.
Inflation is expected to peak at 4.5 per cent, while unemployment rises.
Canada and Mexico face challenges from US trade actions, and China's growth falls short of targets.
Risks to the outlook remain, including a potential US recession.
