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 says tariffs will hurt global growth, estimating that the trade war will shave almost half a percentage point from world GDP growth this year.