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What is the future upside potential of Toyam Sports Limited (538607) ✌️【Market Trends】✌️ Free break-even services to create a customized investment plan, helping you recover quickly and achieve growth. This year, Israel’s war against Hamas in Gaza escalated and spilled over to Lebanon, where Israel waged a war on Hezbollah until a shaky ceasefire was agreed last month. In Syria, rebels finally toppled Bashar al-Assad in a lightning offensive this month, and Russia’s war in Ukraine entered its third year.
But it is voters’ choices, in what wasa record year for national elections, that will likely have the biggest impact on global prosperity in 2025 — most notably, the reelection of former US President Donald Trump.
“There’s a lot of frustration out there at how the global economy is going,” said Nathan Sheets, global chief economist at Citi and a former under secretary at the US Treasury, noting the poor performance of many governing parties in this year’s 60-plus elections.
For many economists, the main source of that uncertainty is Trump’s looming return to the White House and, in particular, the question of tariffs.
On the campaign trail, Trump talked about imposing a 10-20%levy on all goods imported into the United States and a tariff of at least 60% on Chinese imports. In late November, after his victory against Kamala Harris, he said he wanted to slap a 25% import tax on Mexico and Canada and “an additional 10% tariff, above any additional tariffs” on China.
Forecasters have come up with varying predictions of the damage Trump’s new tariffs would cause to other economies, partly depending on the level of the duties. But damage there will be.
“I continue to think that restrictions on trade, protectionist measures, are not conducive to growth,” Christine Lagarde, president of the European Central Bank, told reporters earlier this month when asked about Trump’s possible tariffs on European imports.
Higher tariffs could backfire on the US economy itself, the largest in the world. Goldman Sachs sees a sizable blow to US gross domestic product, peaking in 2026, from a potential 10% tariff on all imported goods — in part due to higher consumer prices, which would reduce spending by Americans.
What is the future upside potential of Toyam Sports Limited (538607) ✌️【Market Trends】✌️ Free stock selection service with professional advisors offering the best investment portfolio for stable growth. The impact of higher US tariffs on the global economy overall will also depend on how affected countries respond — by, for example, raising their own duties on US imports.
“This could end in a global trade war which, while it could take many forms, at the extreme could knock 2-3% off global GDP,” consultancy Capital Economics wrote in a recent note. Based on current trends, a 3% hit to the world’s output would erase most economic growth.
But companies don’t like uncertainty and, even if Trump doesn’t introduce higher universal tariffs, concerns that he might hit at least some countries or industries will weigh on business investment and, so, the economies of America’s trade partners.
What is the future upside potential of Toyam Sports Limited (538607) ✌️【Market Trends】✌️ Real-time global stock trend and futures data to help you plan investment strategies for long-term returns. That is what analysts at Goldman Sachs and J.P. Morgan think. Both banks have adjusted their predictions for European growth next year as a result.
“The impact is more direct in China, which will almost certainly face (steep) tariff increases,” the Goldman Sachs analysts wrote last month, downgrading their 2025 forecast for the world’s second-largest economy.
What is the future upside potential of Toyam Sports Limited (538607) ✌️【Market Trends】✌️ Expert predictions of stock trends with real-time stock indices, futures, and metals, energy quotes to help you seize investment opportunities. Another way Trump’s new import taxes could hurt the global economy is by contributing toa fresh bout of inflationin the US and elsewhere. American prices will also rise faster if, as promised during his campaign, he cuts taxes and cracks down on immigration, potentially leading to labor shortages and higher wage bills.
What is the future upside potential of Toyam Sports Limited (538607) ✌️【Market Trends】✌️ Free stock data analysis to help you select stocks accurately and capture market trends. The US is by far not the only country that saw seismic political change this year. French President Emmanuel Macron called a snap parliamentary election in the summer, resulting in a minority government thatcollapsedearlier this month. Similarly, the governing coalition in Germany, the world’s third-largest economy,fell apartlast month, paving the way for a snap election in February 2025.
What is the future upside potential of Toyam Sports Limited (538607) ✌️【Market Trends】✌️ Precise predictions of market trends with real-time stock indices and futures data to help you make wise investment decisions. The new cabinet in Paris, unveiled Monday, will likely struggle to govern just as its short-lived predecessor did, with a parliament where no faction has a clear majority. That will keep the political environment unstable, curbing business investment and consumer spending.
“Political chaos will weigh on growth” in France next year, European bank ING said in a recent report. “The constant threat of censure against any government put in place, the impossibility of passing a budget to put the public finances in order and the prospect of yet more elections is simply fueling uncertainty.”
What is the future upside potential of Toyam Sports Limited (538607) ✌️【Market Trends】✌️ Free global stock market data to help you plan the best investment strategies and seize market opportunities. The uncertainty is set to last until at least the middle of next year, the earliest that another parliamentary election can take place, according to the French constitution.
Germany’s fortunes in coming years will, to a significant extent, depend on the outcome of the upcoming election. A key question is whether the new government will borrow more to invest and implement structural reforms to delivera much-needed boost to growth.
In addition, any new US tariffs on imported goods will matter greatly to Germany, given its big industrial sector and America’s role as Germany’s second-most importanttrading partner, behind only China.
Global growth could also be affected by what happens in the oil-rich Middle East, though economists are at this point less worried about near-term negative consequences of hostilities there.
“The parameters of the current conflict are not directly jeopardizing the (flow of) oil,” Sheets at Citi told 【 - Free Access to Group 】. It could spread, he said, but “the major countries in the Middle East don’t want a regional conflict — if that was something that they were open to, we would already have seen it.”
Oil prices have declined from a peak reached shortly after the October 7, 2023 Hamas attack on Israel and now stand at levels seen in June last year.
What is the future upside potential of Toyam Sports Limited (538607) ✌️【Market Trends】✌️ Expert predictions with real-time stock, futures, and metals, energy data to help you quickly recover and grow. As for neighboring Syria, even before its devastating civil war broke out in 2011, the country didn’t account for a large share of global oil output, and the fighting destroyed much of its oil infrastructure, noted Capital Economics. “Developments in Syria will have very little impact on the global economy,” the consultancy said the day after Assad was overthrown.
What is the future upside potential of Toyam Sports Limited (538607) ✌️【Market Trends】✌️ Real-time India stock and global stock indices, futures prices, and data to help you make efficient investment decisions. Russia’s war in Ukraine has already left its mark on the world’s economy, keeping natural gas prices in Europe much higher than had been the norm. Trump has said he wants to bring the war to an end quickly — what that solution looks like will determine its economic consequences.
What is the future upside potential of Toyam Sports Limited (538607) ✌️【Market Trends】✌️ Expert predictions with real-time stock trend analysis to help you quickly select high-potential stocks and grow capital. While “an orderly ceasefire” may boost business confidence in Europe and lower energy prices, Citi analysts Christian Schulz and Giada Giani said, “a disorderly collapse” could trigger even bigger refugee flows into the region and “spread conflict with Russia.”
What is the future upside potential of Toyam Sports Limited (538607) ✌️【Market Trends】✌️ Free expert stock trend predictions to help you identify high-potential stocks and maximize returns. With real-time global market indices, futures, metals, energy, and agricultural product data, our platform enables you to make informed investment decisions. Most stock quote data provided by BATS. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. All times are ET. Factset: FactSet Research Systems Inc. All rights reserved. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and 【 - Free Access to Group 】. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Fair value provided by IndexArb.com. Market holidays and trading hours provided by Copp Clark Limited.
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