you are currently viewing::Trade Watch-Trade Expands Amid Expectations of Higher TariffsJanuary 29, 2025--Global goods trade accelerated in the five months from July through November amid strong US economic growth and a spurt in demand fueled by expectations of higher import tariffs.
A measure of stress in global supply chains rose in December to the highest level since March 2022, driven by the extended rerouting of vessels around the Cape of Good Hope and the increase in trade volumes. Freight rates rose at a slower pace and remained 40 percent above the level of a year earlier. |
July 29, 2025--Global growth expected to decelerate as trade-related distortions wane
Global current account balances widened by a sizable 0.6 percentage points of world GDP in 2024.
Global growth is projected at 3.0 percent for 2025 and 3.1 percent in 2026, an upward revision from the April 2025 World Economic Outlook.
July 25, 2025-Executive summary
Productivity growth remained subdued in 2023 and 2024 amid a shifting geopolitical and economic landscape
Productivity growth remained subdued in 2023 and 2024 amid a shifting geopolitical and economic landscape