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On April 17, 2025, the security guard stands near the building near the signs that advertise the International Monetary Fund/Spring Metches of the World Bank in Washington.
Jim Watson | AFP | Gets the image
International Monetary Fund on Tuesday downgraded their growth forecasts For large Asian economies in 2025, citing tensions and “high political uncertainty”.
IMF cut its GDP projections 2025 for China and India to 4% and 6.2% respectively, decreasing from their January forecast 4.6% and 6.5% respectively.
The official GDP growth goal was set to “about 5%” for 2025, while India predicted 6.5% for its financial year 2025, which took place from April 2025 to March 2026.
The IMF also reduced the growth of Japan’s growth to 0.6% with 1.1%.
In Japan there is Growth projection 1.1% For its 2025 financial year, which also works from April 2025 to March 2026.
On a global basis, the growth was reduced to 2.8% from 3.3% for only 2025, and the IMF said the tariffs announced by the US and its trading partners were “a major negative shock for growth”.
In addition, it is added that “the unpredictability with which these measures are unfolding also adversely affects economic activity and prognosis”, which makes it more complicated than usual for consistent and timely forecasts.
Since the date of January 20, US President Donald Trump has hit the steel import tariffs, aluminum and cars, Before announcement of mass “mutual” tariffs on almost every country on April 2.
In a week, he suspended these “mutual” tariffs, leaving only a basic duty of 10% in all countries except China.
After tariffs for titles for dad, American tariffs on China now stand up to 245% In some articles, while China has imposed 125% duties on the US, promising to “fight the end”.
Unlike this, Japan and India took a more conciliatory position to Trump, and Japan sent a trade delegation to talk to its American counterparts.
Trump on April 17 greeted “Great Progress” in trade negotiations, but Japan’s main negotiator Riga Pusava Reportedly returned to Tokyo without a dealSaying that he “made it clear to the United States that we believe that tariff measures are very sorry. I urged them to reconsider this policy.”
For India, Prime Minister Narendra Modi met with US Vice Preidental JD Vance On Monday, and in Reading from the Modi office, two leaders “welcomed significant progress in the negotiations on the mutually beneficial trade agreement in India.”
