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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsIMF warns that the US will suffer the most from Slobby Donvict's tariffs
https://www.bbc.com/news/articles/czx415erwkwoThe US growth forecast for this year has been given the biggest downgrade among advanced economies by the International Monetary Fund (IMF) as a result of uncertainty caused by trade tariffs.
Growth is now expected to be 1.8% this year, down from the IMF's estimate of 2.7% for the US in January.
The sharp increase in tariffs and uncertainty will lead to a "significant slowdown" in global growth, the Fund predicts.
The forecast for the UK has also been cut, with the economy now expected to grow by 1.1% this year.
Watching on BBc now
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IMF warns that the US will suffer the most from Slobby Donvict's tariffs (Original Post)
malaise
Tuesday
OP
If it flushes the WH and Congress of morons, it may be worth it. The US should take a harder ...
marble falls
Tuesday
#2
niyad
(123,349 posts)1. Colour me sooooooo NOT surprised.
marble falls
(64,873 posts)2. If it flushes the WH and Congress of morons, it may be worth it. The US should take a harder ...
... kick in the pants. We allowed this to happen. There is no excuse for the last election.
gab13by13
(27,797 posts)3. I believe the 1.8% forecast is just for the 1st quarter?
I may be wrong about that. By the end of the year we could very well see negative growth.
Clouds Passing
(4,454 posts)4. Fun times for Mericuh
