Global Economic Forecasts Slashed Amid Rising Trade Tensions

In today's episode, we delve into the significant downward revisions of global economic growth forecasts by major rating agencies due to escalating trade tensions. Fitch Ratings and S&P Global have both cut their projections, with the United Nations warning of a recessionary trajectory. We explore the implications for major economies like the US and China, the potential for a US recession, and the factors that could influence the economic outlook moving forward. Join us for an in-depth analysis of these pressing economic challenges. Sources: https://www.zawya.com/en/press-release/research-and-studies/s-and-p-global-market-intelligence-april-global-economic-forecast-update-growth-prospects-still-deteriorating-despite-tariff-pause-m7de7ljf https://www.piie.com/blogs/realtime-economics/2025/policy-shocks-and-rising-uncertainty-are-weakening-global-outlook https://thoughtleadership.rbc.com/slowing-growth-higher-prices-a-deeper-dive-into-our-u-s-forecasts/ https://www.iea.org/reports/oil-market-report-april-2025 https://www.aa.com.tr/en/economy/imf-chief-sees-downward-revisions-in-global-growth-but-no-recession/3541563 https://www.piie.com/research/piie-charts/2025/us-economy-expected-stall-policy-changes-weigh-growth https://en.amwalalghad.com/fitch-sees-us-growth-slowing-to-a-crawl-in-late-2025/ https://www.wto.org/english/res_e/booksp_e/trade_outlook25_e.pdf https://cfo.economictimes.indiatimes.com/news/economy/fitch-ratings-lowers-world-growth-forecast-due-to-escalation-in-global-trade-war/120373201 https://www.fitchratings.com/research/sovereigns/deep-cuts-to-growth-forecasts-as-global-trade-war-escalates-16-04-2025