Trade war cuts global economic growth outlook for 2025 and 2026: OECD | AFP

Trade war cuts global economic growth outlook for 2025 and 2026: OECD | AFP00:43

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6/3/2025

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The OECD slashes its annual global growth forecast warning that US President Donald Trump's tariffs blitz would stifle the world economy -- hitting the United States especially hard. "This is down a further 0.2% for this year and 0.1% for next year," says OECD Secretary-General Mathias Cormann during the OECD Council meeting.