The International Monetary Fund (IMF) has revised its growth outlook for the US economy, projecting a slower expansion than previously anticipated. According to the IMF’s latest World Economic Outlook, the US GDP is expected to grow by only 1.6% in 2023, down from the 1.8% forecast in April. This downward revision reflects the lingering effects of high inflation and tighter monetary policy. In contrast, China’s economy is projected to grow by 5.2% in 2023, outpacing the US and other major economies. The IMF attributes China’s stronger performance to its successful reopening from COVID-19 lockdowns and the government’s supportive policies. However, the report also highlights potential risks, such as the ongoing trade tensions between the US and China, particularly in the technology sector. The IMF emphasizes the importance of resolving these disputes to promote global economic stability and growth.