International Financial system Braces for Trump Tariffs, Inflation, Local weather Change in 2025 | Firstpost Tech & Commerce
Economies throughout the globe are bracing for an additional 12 months of uncertainty. Whereas 2024 noticed the economies put the aftermath of COVID-19 behind them and central banks internationally started reducing rates of interest, it seems like 2025 will nonetheless be a difficult 12 months for the worldwide economic system. The primary problem can be the import tariffs that the incoming President of the USA, Donald Trump, has threatened to impose on international locations similar to China, Mexico, India and Canada. The second threat to international economies in 2025 can be inflation, as the price of residing stays excessive in a number of international locations. The third problem to the worldwide economic system goes to be local weather change, which has a disproportionate affect on international locations. Will the worldwide economic system experience out of those challenges or get severely muddled into them? Watch the video to know extra.
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