OECD Warns Trump’s Tariffs Will Slow U.S. and Global Growth
TL;DR Summary
US economic growth is projected to slow to 1.6% in 2025 due to disruptions caused by Trump's trade wars, with further deceleration to 1.5% in 2026, as tariffs and trade uncertainty hinder business and consumer confidence, impacting global economic growth as well.
- US growth likely to slow to 1.6% this year, hobbled by Trump's trade wars, OECD says ABC News
- Trump’s tariff fallout? It’s worse than we previously thought, says OECD CNN
- U.S. to Have Slower Growth, Higher Inflation Due to Tariffs, OECD Says WSJ
- U.S. growth forecast cut sharply by OECD as Trump tariffs sour global outlook CNBC
- Trump’s Tariffs Expected to Drag Down the Global Economy The New York Times
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
3 min
vs 3 min read
Condensed
92%
551 → 42 words
Want the full story? Read the original article
Read on ABC News