World丨US growth cut as tariffs begin to bite

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"Tariffs raise costs, reduce consumer purchasing power, and limit business investment, thus slowing economic growth," she told China Daily.

▲ A container truck and shipping containers are shown at the Port of Los Angeles, in San Pedro, California, US, May 13, 2025. [Photo/Agencies]

"The tariff chaos is expected to weigh heavily on the economy. If the pause ends without solutions, more countries and regions are likely to respond with countermeasures, further amplifying the negative impact on the US economy," said Ke Jing, an associate researcher at the Shanghai Academy of Social Sciences.

Economic integration in other parts of the world is anticipated to "accelerate against this backdrop as countries tend to distance themselves from the United States", Ke told China Daily.

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