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Trump’s tariff to slow down global export growth from 2.9% in 2024 to 1.3% in 2025-26: HSBC

New Delhi [India], April 3 (ANI): The imposition of reciprocal tariffs by the US President Donald Trump is set to slow down global trade significantly, according to a report by HSBC Research.

The report projects a decline in world export volume from 2.9 per cent in 2024 to 1.3 per cent in 2025-26, mainly due to weaker demand in US and uncertainty affecting global investment and confidence.

It said ‘As for