OECD Warns Trump Tariffs Will Slow Global and U.S. Economic Growth
TL;DR
The OECD reports that President Trump's tariffs are expected to slow global economic growth, with US GDP projected to decline from 2.8% in 2024 to around 1.5-1.6% in 2025-2026 if the tariffs remain in place, especially if trade disputes persist.
- Trump tariffs expected to dampen global economic growth, OECD says The Washington Post
- Treasurys give back early gains after OECD slashes 2025 U.S. growth outlook, citing higher tariffs CNBC
- Trump’s Tariffs Expected to Drag Down the Global Economy The New York Times
- U.S. to Have Slower Growth, Higher Inflation Due to Tariffs, OECD Says WSJ
- Global Economy Sputters as Trump Inks New Tariff Bloomberg.com
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