Global Growth to Slow in 2026 as Trump’s Tariffs Bite, UN Says

Jan. 8, 2026, 5:45 PM UTC

Global economic growth will slow down a little in 2026 as President Donald Trump’s tariffs have a more pronounced impact and geopolitical uncertainties spread, according to an annual United Nations assessment.

The global economy is forecast to expand 2.7% this year, down from an estimated 2.8% in 2025, the UN said in its World Situation and Prospects study released Thursday. By 2027, growth is expected to go back up to 2.9%.

Last year, the international economy was able to absorb the shock of tariffs that Trump imposed in April on most US trading partners, but ...

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