Global Economy Braces for Trump Tariffs, Inflation, Climate Change in 2025

Firstpost

Originally aired: Jan 12, 2025

Global Economy Braces for Trump Tariffs, Inflation, Climate Change in 2025 | Firstpost Tech & Trade Economies across the globe are bracing for another year of uncertainty. While 2024 saw the economies put the aftermath of COVID-19 behind them and central banks across the world began lowering interest rates, it looks like 2025 will still be a challenging year for the global economy. The first challenge would be the import tariffs that the incoming President of the United States, Donald Trump, has threatened to impose on countries such as China, Mexico, India and Canada. The second risk to global economies in 2025 would be inflation, as the cost of living remains high in several countries. The third challenge to the global economy is going to be climate change, which has a disproportionate impact on countries.

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1.14.25 Firstpost/Vantage: Global Economy Braces for Trump Tariffs, Inflation, Climate Change in 2025 - Everything is relevant...

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1.14.25 Firstpost/Vantage: Global Economy Braces for Trump Tariffs, Inflation, Climate Change in 2025 - Everything is relevant...