World Bank and OECD Downgrade Global Growth Amid Trade War Tensions
TL;DR
The World Bank reports that the global economy will slow sharply in 2025 due to US trade policies, with growth projected at 2.3%, the weakest decade since the 1960s, though a recession is not expected.
- World Bank Forecast Underscores Cost of U.S. Trade War The New York Times
- 2020s on course to be weakest decade for global economy since 1960s, says World Bank The Guardian
- OECD Economic Outlook, Volume 2025 Issue 1 OECD
- Citing Trade Wars, the World Bank Sharply Downgrades Forecast for Global Economic Growth to 2.3% U.S. News & World Report
- OECD lowers global outlook as Trump trade war hits US growth Reuters
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