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09 April 2025 / Article
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The Conference Board's forecast for the global economy has been meaningfully downgraded due to rising tariffs.
The Conference Board outlook for global real GDP growth has been reduced by 0.2 percentage point (pp) to 2.9% for 2025 and reduced by 0.1pp to 2.8% for 2026. These downgrades are due to the large tariffs announced by the United States on April 2 and the continuation of trade tensions between the US and China, Mexico, and Canada.
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