By PAUL WISEMAN, Associated Press Economics Writer
WASHINGTON (AP) — An unexpectedly sturdy world economy is likely to shrug off President Donald Trump’s protectionist trade policies this year, thanks partly to a surge of investment in artificial intelligence in North America and Asia, the International Monetary Fund said in a report out Monday.
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David Gardner: Your net worth statement — simple, powerful and kind David Gardner: Your net worth statement — Simple, powerful and kind Major projects in Greeley aim to better tie UNC campus with community Weld County retail food inspections reports Chinese EVs are making inroads in North America. That worries industry expertsThe 191-nation lending organization expects that global growth will come in at 3.3% this year, same as in 2025 but up from from the 3.1% it had forecast for 2026 back in October.
The world economy “continues to show notable resilience despite significant US-led trade disruptions and heightened uncertainty,” IMF chief economist Pierre-Olivier Gourinchas and his colleague Tobias Adrian wrote in a blog post accompanying the latest update to the fund’s World Economic Outlook.
The U.S. economy, benefiting from the strongest pace of technology investment since 2001, is forecast to expand 2.4% this year, an upgrade on the fund’s October forecast and on expected 2025 growth — both 2.1%.
China — the world’s second-largest economy — is forecast to see 4.5% growth, an improvement on the 4.2% the IMF had predicted October, partly because a trade truce with the United States has reduced American tariffs on Chinese exports.
India, which as supplanted China as the world’s fastest-growing major economy, is expected to see growth decelerate from 7.3% last year (when it was juiced by an unexpectedly strong second half) to a still-healthy 6.4% in 2026.
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