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Citigroup: The tariff suppression effect may be fully manifested in the second half of the year, and the global economic growth rate may slow down to 2.3%
2025-05-27 15:16:13

Odaily News Citi economists said in a report that global economic growth is expected to slow from 2.8% in 2024 to 2.3% in 2025 due to the impact of tariffs. "Part of the reason for the resilience of the global economy is that US tariffs have only been implemented gradually, so the full impact of their dampening effect has not yet been seen," the bank's economists said. They said the full impact may be seen in the second half of this year. (Jinshi)