To the minute | Donald Trump tariffs: reactions and last minute of the new taxes

by Andrea
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El Periódico

The world economy will substantially stop its growth in 2025, when global GDP will grow 2.3%, compared to 2.8% recorded in 2024, which implies the lowest expansion since 2020 and suggests a “recessive phase” as a result of the impact of uncertainty at maximum Commerce and Development (UNCTAD). “The global perspectives for 2025 are tarnished by greater political uncertainty, whose levels at the beginning of 2025 were the highest observed in this century,” says the organization in a report published today in which it emphasizes that the planned deceleration “is significant” compared to the average annual growth rates recorded in the prepaid period, which was already a period of moderate growth worldwide. In this sense, UNCTAD considers that uncertainty negatively affects economic activity, since companies experience losses and postpone investment and hiring decisions, while implementing successive rounds of restrictive commercial measures and geoeconomic confrontation “entail worldwide.

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