OECD Cuts Global Growth Forecast Amid U.S.-China Trade Tensions
TL;DR Summary
The OECD has sharply cut its US and global economic growth forecasts due to the negative impact of President Trump's tariffs, with US growth expected to be just 1.6% in 2025 and 1.5% in 2026, and global growth slowing to 2.9% in 2025, amid increased trade barriers and policy uncertainty.
- U.S. growth forecast cut sharply by OECD as Trump tariffs sour global outlook CNBC
- Trump’s Tariffs Plunge US and Global Economy Into Slowdown Bloomberg
- Global economy set for weakest growth since Covid-19, OECD warns Financial Times
- Chief Economists Outlook: May 2025 The World Economic Forum
- OECD trims global outlook as Trump trade war hits U.S. growth Reuters
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