Atradius：2025年全球经济展望报告：贸易战的影响（7月版）（英文版）

Global growth is expected to remain subdued at 2.4% in both 2025 and 2026, representing a downward growth revision for all major markets. In the first few months of the new US administration, trade tariffs followed each other in rapid succession, with ‘Liberation Day’ on April 2 as the provisional highlight. Since then, there have been many policy changes and uncertainties that have led to financial volatility, less confidence in American institutions, and poorer prospects for global trade. 