News

World Bank backs Trump’s gripe over other nations’ higher tariffs on U.S. goods
The World Bank said the U.S. economy in 2025 will grow 1.4 percent, 0.9 percentage points slower than its January forecast.
Vietnam risks being the trade war’s biggest loser. Does it have a plan B?
In the postwar period, it pursued a Soviet-style model of a centrally planned economy in which the government controlled all production, trade and prices. The collectivisation of farming, its primary ...
Global economy on track for worst decade since 1960s, World Bank warns
Global economic growth is on track for its weakest decade since the 1960s, according to a new analysis by the World Bank, which cites President Donald Trump’s trade war as a major factor weighing on ...
Trade war accelerates major slowdown in global economy since start of 2020s
According to the World Bank, global economic growth is expected to reach 2.3% this year, down from the 2.7% forecast in ...
China’s Largest Companies 2025: Trade War Clouds The Outlook For China
The number of Chinese companies on the Global 2000 has dropped from a peak of 351 in 2022 to 317 this year. Sluggish domestic ...
As trade talks continue, China thinks it has leverage over U.S.
China returns to trade talks with the U.S. holding, from its view, a strong hand: Its economy is bearing up better than ...