Citi: Tariff containment effect may fully appear in the second half of the year, and global economic growth is expected to slow down to 2.3%
The Internet reported that Citi economists pointed out in a report that due to the impact of tariffs, global economic growth is expected to slow down from 2.8% in 2024 to 2.3% in 2025. "Part of the reason for the resilience of the global economy is that U.S. tariffs are only implemented gradually, so the full impact of their dampening effects has not yet been felt," economists at the bank said. They said the full impact could be felt in the second half of this year.
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