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The Latest Breaking News on IMF Slashes China Growth Forecasts As Trade War Deepens

IMF Slashes China Growth Forecasts As Trade War Deepens

The IMF said Tuesday it now believed China's economy will only grow by four percent this year, well below Beijing's official target as it fights a mounting trade war with the United States that threatens to hammer the global economy.

International Business Times

Trump tariffs chaos will blow huge hole in US economy and hit UK hard, says IMF in damning report

‘The US effective tariff rate surged past levels reached during the Great Depression,’ say the leading economists

Evening Standard

Gloomy economic forecast piles pressure on Reeves to secure trade deal with Trump

NEWS ANALYSIS: IMF downgrade lays bare the impact of Trump’s tariffs, with experts warning there could be more pain to come unless chancellor can secure a US-UK trade deal. Kate Devlin reports

The Independent UK

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Global growth forecasts slashed in fallout from tariffs, IMF warns

The UK economy is predicted to grow by 1.1% this year, 0.5 percentage points less than January’s forecast.

Evening Standard

IMF warns of ‘major negative shock’ from Trump’s tariffs

Global lender cuts forecasts for every major economy, with UK expected to grow by 1.1% this year, down from 1.6%

The Guardian - UK

Big tech kicks off earnings as Trump drama and market jitters continue

As big tech companies kick off quarterly earnings season this week, the industry’s bellwether companies have been thrust into a cauldron of uncertainty.

Euronews

Tariff uncertainty prompts analysts to slash earnings estimates: Report

A global analysis focuses on the Q1 earnings season.

Fortune

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Bank of England rate-setter says US tariffs likely to push down on inflation

Megan Greene was speaking weeks ahead of the Bank’s next monetary policy meeting, where it is expected to cut interest rates.

The Independent UK

Temu and Shein Will Increase Prices on 25 April, So Here's How to Snag a Bargain Now

Temu and Shein face price hikes from Trump's 145% tariffs. With the 'de minimis' exemption ending, shop before 25 April to lock in ultra-low prices on fast fashion and more.

International Business Times UK

US Recession Looms as Top Economists Warn of Tariff-Driven Slump

Leading economists predict a US recession in 2025, driven by Trump's tariffs and weakening economic indicators

International Business Times UK

You'll Be 'Eaten Up' By The Tiger: China Issues Global Warning Over Appeasing Trump On Trade

China has warned countries globally against siding with the US in trade disputes and forging deals that harm Beijing's interests.

International Business Times UK

US To Impose New Duties On Solar Imports From Southeast Asia

The United States on Monday announced its intention to impose tariffs of up to 3,521 percent on solar panels from Southeast Asia, a move aimed at countering alleged Chinese subsidies and dumping in the sector.

International Business Times

Why China has warned countries against ‘appeasing’ Trump in trade deals

China is a far bigger trading partner than the US for most countries. That limits what Trump can demand, experts say.

Al Jazeera

Trump Tariffs Torch Chances Of Meeting With China's Xi

With his storm of tariffs on Chinese goods, US President Donald Trump has torched ties with Beijing and likely wrecked any hope of meeting his counterpart Xi Jinping in the near term, analysts say.

International Business Times

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The Independent UK

Experts warn Trump’s trade war with China could erupt into a cold war

Earlier this month, Trump temporarily paused most tariffs while ratcheting up rates on China

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