Are trade wars and tariff battles dragging us toward a global recession?

Experts project modest growth, but geopolitical tensions and rising protectionism could shatter these fragile forecasts.

The global economy stands at a crossroads.

Global growth is projected at 2.8% in 2024 and 2025, remaining below the pre-pandemic average of 3.2% recorded from 2010-2019.

Low-income countries face particularly difficult challenges with heightened conflicts and climate change complicating their economic prospects.

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