World bank issued a warning on Trump's decision..!?

It is known that donald trump is going to be sworn in as the President of the united states in the next two days. It is said that many problems are going to come from january 20 around the world. Although there are hints about some of them so far and clarity on others. It is said that the calculations will officially change after january 20. At this time, the World bank responded. It is known that discussions are going on strongly that many countries of the world will face problems due to the many decisions and actions that donald trump will take after taking office. The main problem in this is the decision to increase tariffs. The World bank has issued warnings that this decision will affect global growth. On this occasion, several key things were revealed.
 According to the recently released Global Economic Prospects report, If the economies and trading partners of various countries follow Donald Trump's example and want to take revenge on the superpower by increasing their own tariffs, the already sluggish global economic growth rate (2.7 percent) is likely to fall further. It has been made clear that it could be 0.3%. In fact, trump has been saying since his election campaign. Increase tariffs! In this context, there will be a heated discussion on Donald Trump's tariff hike proposals after entering the White House. As part of this, it is said that trump is likely to increase tariffs by 10 percent on global imports. At the same time... It is said that up to 25 percent of imports from canada and mexico and a 60 percent tariff are going to be imposed mainly on Chinese goods. In this context, The World bank is expressing concern that other countries will face greater risks if the future US president follows the same path. Responding on this occasion, World bank Chief Economist Indermit Gill said that Compared to the past 25 years, there are many opportunities for developing economies to face severe obstacles in the next 25 years. He urged countries around the world to adopt better reforms and take proactive measures to reduce VT.
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Sowmiya Sriram

18/01/2025 12:17 PM