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IMF upgrades global economic outlook
The IMF is upgrading its global economic growth forecast for 2025 and 2026, but the economic rationale for the upward revision preceded the most recent episode of US-China trade tensions. The IMF, in its latest World Economic Outlook released Tuesday, forecasts the global economy will grow by 3.2pc in 2025 and 3.1pc in 2026. That compares with the 3pc growth for 2025 that the IMF was expecting just three months ago. IMF forecasts are used by many economists, including OECD watchdog the IEA, to model oil demand projections. "The increase in tariffs and its effect has been smaller than expected so far," IMF chief ... (full story)
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From @realDonaldTrump|Oct 14, 2025|102 comments
I believe that China purposefully not buying our Soybeans, and causing difficulty for our Soybean Farmers, is an Economically Hostile Act. We are considering terminating business with China having to do with Cooking Oil, and other elements of Trade, as retribution. As an example, we can easily produce Cooking Oil ourselves, we don’t need to purchase it from China.
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