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OECD Cuts Global Growth Forecast Amid U.S.-China Trade Tensions

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Source: CNBC
OECD Cuts Global Growth Forecast Amid U.S.-China Trade Tensions
Photo: CNBC
TL;DR

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.

Topics:businesseconomy#economy#global-economy#inflation#oecd#tariffs#us-growth
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  1. U.S. growth forecast cut sharply by OECD as Trump tariffs sour global outlook  CNBC
  2. Trump’s Tariffs Plunge US and Global Economy Into Slowdown  Bloomberg
  3. Global economy set for weakest growth since Covid-19, OECD warns  Financial Times
  4. Chief Economists Outlook: May 2025  The World Economic Forum
  5. OECD trims global outlook as Trump trade war hits U.S. growth  Reuters

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