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Global Economy Resilient Despite Trump Tariff Shock but Outlook Looks ‘Dim’: IMF

📅 Unknown 🕐 Scraped: October 15, 2025

Summary: The International Monetary Fund (IMF) raises its 2025 growth forecast for the U.S. to 2%, citing resilience despite ongoing tariffs by the Trump administration. The global economy is also expected to grow faster at 3.2% this year. While tariffs have caused uncertainty and risks remain, trade exemptions and businesses adapting supply chains have helped limit damage. AI investments, including data centers and advanced computing, have provided a boost to the U.S. economy. However, the IMF warns of potential risks from a possible tech market bubble and rising core inflation, now at 2.9%. Hiring has slowed as companies remain cautious amid trade tensions. So far, importers and retailers have absorbed most tariff costs, but these may eventually be passed to consumers. The IMF emphasizes that this temporary resilience masks underlying economic vulnerabilities, urging continued vigilance as global trade challenges persist.

The International Monetary Fund (IMF) raises its 2025 growth forecast for the U.S.

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