The World Bank said the U.S. economy in 2025 will grow 1.4 percent, 0.9 percentage points slower than its January forecast. It also called for all nations to reduce tariffs.

The World Bank has released numbers that show a lack of confidence in global market growth as a result of a variety of factors, including tariffs introduced by U.S. President Donald Trump. On Tuesday,

The World Bank on Tuesday slashed its global growth forecast for 2025 by four-tenths of a percentage point to 2.3%, saying that higher tariffs and heightened uncertainty posed a "significant headwind" for nearly all economies.