CoinVoice latest news, according to Jin10 reports, recently, a reporter interviewed Polish economist Olwowski, who pointed out that the United States' excessive imposition of tariffs not only negatively impacts itself but also the global economy. Professor of Economics at Vistula University, Olwowski: There is no doubt that the economic growth rates of various countries will slow down with the imposition of tariffs, including those countries that initiate trade wars. We see that the International Monetary Fund has already lowered its forecast for global economic growth in 2025 for the United States and other countries. Because economists are very clear that if you start a trade war, the first ones to be punished are your own consumers, as they have to pay higher prices. Secondly, other countries usually retaliate with high tariffs, and in the end, you gain nothing. Everyone is punished, and the speed of economic growth is slowing down.
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CoinVoice latest news, according to Jin10 reports, recently, a reporter interviewed Polish economist Olwowski, who pointed out that the United States' excessive imposition of tariffs not only negatively impacts itself but also the global economy. Professor of Economics at Vistula University, Olwowski: There is no doubt that the economic growth rates of various countries will slow down with the imposition of tariffs, including those countries that initiate trade wars. We see that the International Monetary Fund has already lowered its forecast for global economic growth in 2025 for the United States and other countries. Because economists are very clear that if you start a trade war, the first ones to be punished are your own consumers, as they have to pay higher prices. Secondly, other countries usually retaliate with high tariffs, and in the end, you gain nothing. Everyone is punished, and the speed of economic growth is slowing down.