IMF upgrades US growth outlook as Trump’s tariffs cause less disruption, for now

The International Monetary Fund (IMF) has revised its global economic growth projections upward, citing resilience in the face of U.S. tariffs. In its latest World Economic Outlook report, the IMF forecasts the U.S. economy to expand by 2% in 2025, slightly higher than previous estimates of 1.9% in July and 1.8% in April. For 2026, U.S. growth is projected at 2.1%, a marginal increase from earlier predictions. Globally, the IMF anticipates a 3.2% growth rate for 2025, up from 3% in July, with 2026 holding steady at 3.1%. Despite these positive adjustments, the IMF warns that ongoing tariff threats and trade uncertainties continue to pose significant risks.