Trump versus trade: the global economic outlook for 2025 in five charts

Unpredictable change will sweep through America, while old problems, from war to inflation, are likely to afflict other countries

The global economy is entering the new year with rising geopolitical tensions looming over its prospects, as the world’s leading central banks attempt to cut interest rates after the worst inflation shock in decades.

Donald Trump’s second term in the White House is expected to dominate the economic agenda. Global trade tensions are on the horizon as the president-elect threatens to impose sweeping tariffs on US imports.

Topics

UK and EU look to 2025 for reset, but with little room for trade-offs

Sir Keir Starmer is invited to an EU summit in February - the first of its type since the Brexit negotiations.
BBC News - 1h
The Five Most Anticipated IPOs of 2025

After a turgid 2024, the market looks to come roaring back in 2025.
Inc. - 2d
The coming global interest-rate collapse will force the Fed to cut four times in 2025

Economic pain worldwide will trigger capital flight to U.S. Treasurys, driving down those yields, investment manager Louis Navellier says. The Fed will follow.
MarketWatch - 13h
Men’s transfer window January 2025: all deals from Europe’s top five leagues

All the latest Premier League, La Liga, Bundesliga, Ligue 1 and Serie A deals and a club-by-club guide. Women’s transfer interactive – all the January deals Continue reading...
The Guardian - 15h
U.S. trade deficit is rising again. Can Trump do anything about it?

U.S. reliance on imports puts trade gap near all-time high
MarketWatch - 1d
Five NHL Teams That Need A Reset In 2025

The 2024-25 NHL season is nearing its halfway point, and while some teams are feeling good, others may need a reset in the new year.
Yahoo Sports - 4d
How Trump’s tariffs can generate both economic and political reform in China

If Trump is allowed by Elon Musk to stick to his guns, he can apply to China the principle he announced for his domestic opponents: “Success will be our retribution.”
The Hill - 4d
Brace! Risks Stack up For the Global Economy in 2025

It’s not just Trump’s return to the White House—global conflicts and the threat of climate change could shape growth next year.
Inc. - 5d
Rasmus Højgaard among five golfers poised to break out during 2025 PGA Tour season

Another crop of stars is coming to push the best in the world, it's just a matter of who will step up
CBS Sports - 5d