Heads up 🌐: The IMF just raised its 2025 global growth forecast to 3.2%, up from its previous 3.0% projection. This boost reflects the world economy’s impressive bounce-back and ability to weather trade policy ups and downs.
However, there’s a catch: the US effective tariff rate is still hovering around 19%, creating uncertainty that could slow down trade flows. When businesses face unpredictable import taxes, they often hit the pause button on big investments — a real concern for export-driven economies.
Meanwhile, the Chinese mainland remains a powerhouse, with the IMF keeping its 2025 growth forecast at 4.8%. From January to September 2025, the Chinese mainland’s foreign trade jumped 4% year-on-year, showing that businesses are finding new markets to keep things moving.
Exports to the United States dipped, but rising shipments to the Euro area and ASEAN member states helped fill the gap. This shift highlights how diverse trade partnerships can soften the blow of tariff wars.
Looking ahead, global growth in 2026 is pegged at 3.1%, but the IMF warns that ongoing trade tensions could change the game. For now, resilience is the name of the game — and staying agile, especially for young entrepreneurs and professionals, is key.
💡 Quick take: Keep an eye on policy updates, explore new markets, and stay flexible. The world economy is on the move, and opportunities are out there! 🚀
Reference(s):
IMF lifts 2025 global growth to 3.2%, warns on US tariffs uncertainty
cgtn.com
