On July 10, 2025, Brookings’ “State of the Global Economy” panel gave a somewhat bleak picture of the world’s economic future. Global Projections: The 2020s are projected to be one of the slowest decades for Global GDP growth in recent memory. There are several reasons, but this decline boils down to trade uncertainty and a rise in global conflict. We are seeing a decrease in global GDP growth for the year 2025, with projections showing that GDP growth will drop from 2.8% to 1.4%. There was a consensus that we will see GDP growth stabilize in 2026, but it will not recover. Making the 2020s the slowest decade for GDP growth. Countries are showing growing economic uncertainty as recent U.S. trade and tariff policies shift the global economic landscape. These changes have contributed to a slowdown in global trade growth, driven by increasing fragmentation and a lack of clarity around the U.S. approach trade going forward. As nations struggle to anticipate the direct...
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