‎OECD cuts global growth forecast amid escalating trade war

‎OECD cuts global growth forecast amid escalating trade war ‎OECD cuts global growth forecast amid escalating trade war

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Logo ofOrganisation for Economic Co-operation and Development (OECD)

The Organisation for Economic Co-operation and Development (OECD) lowered its global economic growth forecast, citing the impact of a widening trade war driven by US President Donald Trump’s tariff policies.

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The OECD now predicts the world economy will grow by 2.9% in both 2025 and 2026.

This is down from its earlier forecasts in March, which projected 3.1% growth in 2025 and 3.0% in 2026.

 

Logo ofOrganisation for Economic Co-operation and Development (OECD)

The Organisation for Economic Co-operation and Development (OECD) lowered its global economic growth forecast, citing the impact of a widening trade war driven by US President Donald Trump’s tariff policies.

The OECD now predicts the world economy will grow by 2.9% in both 2025 and 2026.

This is down from its earlier forecasts in March, which projected 3.1% growth in 2025 and 3.0% in 2026.

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