World Economic Forum: Geoeconomic fragmentation may cost the world over $300 billion in losses annually

```htmlThe World Economic Forum released a report on June 4 stating that due to geopolitical tensions, concerns over economic security, and changes in trade relations among major economies, geoeconomic fragmentation is set to accelerate in 2025 and 2026, and it is expected to cause global economic losses of between 21.3 billion and 30.7 billion US dollars per year. The report pointed out that increased tariffs, investment restrictions, and retaliatory measures are increasingly affecting traditional economies including the United States, the European Union, Canada, Japan, and South Korea, raising business costs and increasing cross-border investment uncertainty. If fragmentation worsens further, global economic losses could reach 690 billion US dollars, accounting for 6.4% of global GDP. The report forecasted that existing industrial fragmentation policies will push global inflation up by 0.2 to 0.3 percentage points, and weaken household purchasing power. Emerging markets and developing economies are particularly severely affected, and under extreme scenarios, output losses could reach as high as 10.7%. (CCTV)```