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International Business Times
International Business Times
Science

Global Uncertainty Will 'Certainly' Hit Growth: World Bank President

World Bank President Ajay Banga, seen in October 2024, said his team had held 'constructive' conversations with the new US administration (Credit: AFP)

The uncertainty kicked up by Donald Trump's stop-start tariff rollout will undoubtedly hit growth, the president of the World Bank said Wednesday, ahead of next week's semi-annual meeting of global financial leaders in Washington.

"Uncertainty and volatility are undoubtedly contributing to a more cautious economic and business environment," Ajay Banga told reporters, alluding to the market turbulence unleashed by the new US administration's tariff policy.

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