The security guard stands in front of the building near the signs advertising the International Monetary/World World Bank in Washington, April 17, 2025.
Jim Watson AFP Getty images
International Monetary Fund on Tuesday lowered growth forecasts In the case of the main Asian economies in 2025, citing commercial tensions and “high uncertainty of politics”.
The IMF reduced 2025 GDP forecasts for China and India, respectively to 4% and 6.2%, compared to Forecast of January 4.6% and 6.5% respectively.
The official goal of GDP growth in China was set for “about 5%” on 2025, while India predicted an increase of 6.5% in the tax year in 2025 from April 2025 to March 2026.
The IMF also reduced Japan growth forecast to 0.6% from 1.1%.
Japan has Growth forecast 1.1% For the 2025 financial year, it also lasts from April 2025 to March 2026.
On the global basis, the increase was reduced to 2.8% from 3.3% throughout 2025, and the IMF claims that the tariffs announced by the US and its trading partners were “a serious negative shock for growth.”
In addition, he added that “the unpredictability with which these funds developed also has a negative impact on business and perspectives,” which makes it more difficult than normally for consistent and timely forecasts.
The IMF forecast appears among a wider trend of research companies and banks reducing growth forecasts for Asian economies.
Earlier in April Economists Goldman Sachs have lowered their forecast In the case of a Chinese gross domestic product, this year to 4.0% from 4.5%, citing the impact of increased American tariffs on Chinese goods.
Natixis also reduced the GDP forecast in China to 4.2% this year, compared to 4.7% earlier.
Fitch Apparently, it also reduced India growth forecasts up to 6.2% from 6.3%, citing the deteriorating global economic environment caused by the intensification of the US-Chin trade war.
Since its office, on January 20, US President Donald Trump has hit a tariff on the import of steel, aluminum and cars, Before the announcement of huge “mutual” tariffs for almost every country in the world on April 2.
Just a week later he suspended these “mutual” tariffs, leaving only a basic obligation of 10% in all countries except China.
After spitting the Tit-For-Tat tariff, American tariffs for China stand up to 245% In some positions, while China imposed duties of 125% on US import, sweating “fight to the end.”
On the other hand, Japan and India took a more conciliation position of Trump, and Japan sends a trade delegation to talk to American counterparts.
Trump on April 17 welcomed “great progress” in commercial talks, but the best negotiator of Japan Ryosei Akazawa Apparently he returned to Tokyo without a contractSaying, “he explained the US that we believe that tariff means are extremely regrettable. I definitely urged them to consider these principles again.”
For India, prime minister Narendra Modi met with the Vice President of the USA JD Vance On Monday and reading from the Modi office, two leaders “with satisfaction adopted significant progress in negotiations on the mutually favorable trade agreement of India-Us.”