OECD forecasts: US economic slowdown due to trade tensions

OECD forecasts: US economic slowdown due to trade tensions The OECD predicts a significant slowdown in US economic growth, dropping to 1.6% in 2025 from 2.8% in 2024, primarily attributed to President Trump’s trade policies. These policies, characterized by increased tariffs, have created uncertainty, impacting business and consumer confidence. Global growth is also projected to decelerate, reaching 2.9% in 2025 and remaining stagnant in 2026.