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wn.com - 2 days ago

Experts: Washington s policy shifts shroud global outlook

United States policy shifts, including higher tariffs and tighter immigration rules, are dimming prospects for global growth, experts say. Right now, the US economy, for obvious reasons, is the source of the greatest uncertainty and volatility, probably the biggest change agent in the world, said Adam S. Posen, president of the Peterson Institute for International Economics in Washington. Discussion in a webcast last week highlighted how US economic turbulence is rippling outward, dampening global investment and trade. The institute s semiannual forecast, published on Oct 9, painted a picture of a US economy buoyed temporarily by optimism around AI, but facing intensifying drags...


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