China’s 2025 economic glow-up cancelled, UBS slashes growth forecast, tariffs bite hard.

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CHINA’S 2025 GLOW-UP? CANCELLED. UBS SLASHES GROWTH FORECAST AS TARIFFS BITE

UBS—the fancy Swiss bank that stares at charts for a living—just said “nah” to China’s 2025 economy. They downgraded the growth forecast from 4% to a gloomy 3.4%.

Why? Because the U.S. slapped on those spicy new tariffs, and now China’s exports are going poof. UBS says shipments to the U.S. could drop by two-thirds. That’s not a slowdown—it’s a faceplant.

And it gets worse: other countries might start piling on their own tariffs like it’s trade war bingo. So Beijing’s getting boxed in, and fast.

Sure, China and the U.S. could kiss and make up with some talks—but UBS isn’t betting on it. Meanwhile, China’s stuck with a shrinking trade pie and not a lot of stimulus to fix it.

Moral of the story? The global economy’s watching China like a reality show—except this season’s tagline is: “Exports Down, Drama Up.”

Source: Reuters