Trump’s trade war won’t just cripple domestic markets—it will slow global gross domestic product growth to its lowest point in 17 years. The World Bank’s Global Economic Prospects report ...

The latest report from the World Bank says the global economy is on track for its worst decade since the 1960s amid President Trump's trade war.

And far beyond its festive reputation, Yiwu lies at the heart of that trade. According to the World Bank, it is the world’s largest small commodities market, selling around $70 billion of goods ...

Recent surges in trade policy uncertainty highlight the fragility of global supply chains, prompting businesses to consider ...

The meeting is scheduled for the spring meetings of the International Monetary Fund and World Bank, during which top finance officials from dozens of countries will be in Washington.

The world’s economic challenges will be felt most intensely in Africa. It is time for all nations to help strengthen the continent’s economic prospects. Otherwise, there will be no winners.

The World Bank sharply cut its global economic growth projections Tuesday, citing disruption from trade uncertainty in particular.

The US-driven global trade war will depress growth in almost two-thirds of developing economies this year, according to World Bank forecasts, as the lender warned the globalisation that drove an ...

Tariffs are rising sharply in 2025, with the US rates jumping to 13.3%—the highest since 1939—fueling global uncertainty and triggering a projected $2 trillion hit to global GDP by 2027.