Trump Effect: US Economy Outshines Advanced Nations, Poised to Defy Global Slowdown


The U.S. economy is poised to defy a global slowdown in growth, with its output rising at a faster rate even as the broader global economy slows sharply, a report from the International Monetary Fund showed on Wednesday. The forecasts support the idea that the U.S. economy is more resilient to the supply-chain disruptions and revived inflationary pressures that are seen as holding back growth around the world, thanks to U.S. energy production and investments in technology. Both energy production and support for technology investment have been key economic policies of the Trump administration. The IMF projects that the U.S. economy will grow 2.3 percent this year and 2.2 percent next year, up from 2.1 percent last year. The estimate for this year is unchanged from the IMF’s forecast released in April. Next year’s estimate was revised up by a tenth of a percentage point. By contrast, Europe’s growth is seen as slowing from 2025’s 1.4 percent to just 0.9 percent this year, two-tenths of a percentage point lower than the April estimate and less than half of the U.S. projected growth rate. Next year’s growth is estimated at just 1.2 percent. Germany’s economy is forecast to grow 0.7 percent

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