Global Growth Slowdown: Trade Tensions & Uncertainty
The World Bank forecasts a global growth slowdown to 2.3% in 2025 due to trade tensions and policy uncertainty, particularly impacting emerging markets. Investment is down.
US Limits Huawei’s Ascend Chips: China’s Response
US export controls on Huawei's Ascend chips trigger China's protest, citing undermined US-China consensus. The move is part of US efforts to curb China's semiconductor and AI progress amid trade tensions.
Tariffs & Oil Prices: Economic Slowdown Fears
Tariffs imposed by Donald Trump raise concerns about a global slowdown, impacting oil demand. Wirth attributes falling oil prices to increased OPEC+ production, but sees no recession signs yet, just slower growth. Trade tensions cited by IMF.