trade barriers

Jun 10, 2025

Citing trade wars, the World Bank sharply downgrades global economic growth forecast to 2.3%

President Donald Trump’s trade wars are expected to slash economic growth this year in the United States and around the world, the World Bank forecast.

Regions

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.

Necessary

Always Enabled

Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.

Cookie	Duration	Description
cookielawinfo-checkbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Functional

Performance

Analytics

Others

Select Region or Brand

trade barriers

Citing trade wars, the World Bank sharply downgrades global economic growth forecast to 2.3%

Top Stories

New Virginia Beach economic development chief resigns suddenly

Virginia leaders respond to reports of possible FBI academy move from Quantico

Trump says US gets rare earth minerals from China and tariffs on Chinese goods will total 55%

Virginia Senate Dems refuse to confirm Cuccinelli, other Youngkin board nominees

Molina Healthcare to close Henrico office, laying off 268 workers

NASA Langley could lose 672 jobs under Trump’s proposed budget

People

Regions

Lego to build $366M Prince George County warehouse

Companies sue over Valley medical marijuana permit

Heard Around Virginia May 2025

New law to reduce Appalachian Power rates