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Home Tariffs

Tariffs

U.S. abuse of tariffs hurts global economy

By Sadia Khan
May 26, 2025
in :  China, China-USA, Featured, Latest News, News, Tariffs, Top Story, World
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Washington’s pursuit of unilateralism and protectionism – wielding tariffs as blunt instruments and provoking trade frictions – is taking a mounting toll on the global economy. In its latest World Economic Outlook (WEO), the International Monetary Fund (IMF) downgraded global growth forecasts for this year and next, citing U.S. tariff hikes as a key factor of the downturn. Under the …

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