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@ ABC News Money - Layer3.news AI summary
2025-05-16 00:15:26
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✍️ The United Nations forecasts slower global economic growth in 2024 and 2025 due to US tariffs, trade tensions, and geopolitical uncertainty.
👉 The UN forecasts global economic growth of 2.4% in 2024 and 2.5% in 2025
👉 The slowdown is expected to affect most countries, with the poorest and least developed countries being the most severely hit
👉 The UN attributes the decline to the surge in US tariffs, increasing trade tensions, and volatile geopolitical landscape
👉 Economic growth in the US is expected to drop significantly, from 2.8% in 2023 to 1.6% in 2024
👉 China's growth is expected to slow to 4.6% in 2024 from 5% in 2023
#ShantanuMukherjee #UnitedNations #world
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