A team led by Citi Research's analyst, Nathan Sheets, released a report saying that the impact of comprehensive US tariffs on economic growth is gradually apparent, but will lead to a slowdown in global economic activity this year, according to foreign media.US firms and consumers rushed to buy products before the tariffs were implemented, helping provide initial protection against a potentially sharp economic cool down. Related NewsUnemployment Rate for April in China is 5.1%, lower than the previous value of 5.2%. The forecast was 5.2%.However, with the full impact of the tariffs possibly emerging in the coming months, demand may face a double blow of reduced purchasing power and overdrafts from the early buying spree.The broker believed that the economy is in the “calm before the storm”, and expected growth to weaken in 2H25. Citi Research forecasted the global economy to grow by 2.3% this year, down 0.5 ppts YoY.