Washington: The US and global economies will grow a bit more this year than previously forecast as the Trump administration’s tariffs have so far proved less disruptive than expected, the International Monetary Fund said on Tuesday, though the agency also said the extensive duties still pose risks.

The United States’ economy will expand 2 per cent in 2025, the IMF projected in its influential semiannual forecast, the World Economic Outlook. That is slightly higher than the 1.9 per cent forecast in the IMF’s last update in July and 1.8 per cent in April. The US should grow 2.1 per cent next year, also just one-tenth of a per cent faster than its previous projection, the IMF said.

Its current forecasts are still down from a year ago, however, a sign that the international lending agency e

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