US President-elect Donald Trump's plans to impose increased import duties could trigger a global trade war, which in turn threatens a global recession. Economists warn about this, noting, however, that such a scenario is not yet considered the main one. . The global economy continues to experience a slowdown in growth. According to the International Monetary Fund, while global GDP grew by 3.6% in 2022, this figure dropped to 3.3% in 2023, and only 3.2% is expected in 2024. At the same time, Trump is actively promoting the idea of increasing import duties, especially in relation to China. Among his proposals are additional tariffs of 10% on Chinese goods, and earlier he announced the possibility of duties of 60-100%. In addition, Trump mentioned the imposition of 10% tariffs on imports from other countries and separate duties of 25% for Mexico and Canada. Although such measures may increase tensions in global trade, experts emphasize that a global recession as a result of trade conflicts remains only one of the possible scenarios, but not the main one.
QUICK LINKS
ForexMart is authorized and regulated in various jurisdictions.
(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines
Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.
Kontakt mit uns aufnehmen 
