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International Business Times
International Business Times
World

IMF Raises 2025 Global Growth Forecast On 'Modest' US Trade Shock

International Monetary Fund Donald Trump United States Fund PierreOlivier Gourinchas the International Monetary Fund China Economy
The impact of the US trade shock has remained modest, according to IMF chief economist Pierre-Olivier Gourinchas, seen in April 2025 (Credit: AFP)

The International Monetary Fund on Tuesday lifted its outlook for global growth this year, flagging a milder-than-expected economic hit from President Donald Trump's tariff policies while warning of risks ahead.

In its flagship World Economic Outlook (WEO) report -- compiled before the most recent US-China tariff spat -- the IMF hiked its 2025 global growth forecast to 3.2 percent, up from 3.0 in July, while leaving its prediction for 2026 unchanged at 3.1 percent.

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