From Trump to artificial intelligence and climate change: What will 2025 bring to the world economy?

Donald Trump’s re-election as US president has created a climate of uncertainty about US economic policy for 2025, with Trump and his team promising to increase tariffs on most imported goods. How will Trump’s return affect the global economy? From the United States to China to Europe, we take a comprehensive look at what global trade, growth and innovation are likely to look like, and what it could all mean for the climate. Our guest is Raphaël Gallardo, chief economist in Carmignac.



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