UN warns of global slowdown amid trade conflicts & policy uncertainty

The UN warns the global economy is weakening amid rising trade tensions, policy uncertainty, and tariff shocks. Global GDP growth is forecast to slow to 2.4 per cent in 2025, with both developed and developing nations affected. Inflation remains high, investment is faltering, and trade growth is halving. Developing countries face mounting debt, reduced exports, and fiscal strain.

May 20, 2025 - 08:25
 0
UN warns of global slowdown amid trade conflicts & policy uncertainty
The UN warns the global economy is weakening amid rising trade tensions, policy uncertainty, and tariff shocks. Global GDP growth is forecast to slow to 2.4 per cent in 2025, with both developed and developing nations affected. Inflation remains high, investment is faltering, and trade growth is halving. Developing countries face mounting debt, reduced exports, and fiscal strain.