Citigroup: The tariff suppression effect may be fully manifested in the second half of the year, and the global economic growth rate is expected to s

Citigroup economists pointed out in a report that due to the impact of tariffs, global economic growth is expected to slow from 2.8% in 2024 to 2.3% in 2025. The bank's economists said: "Part of the reason for the resilience of the global economy is that U.S. tariffs are only gradually being implemented, so the full impact of their restraining effect has not yet been felt." They stated that the comprehensive impact may be seen in the second half of this year.