OECD Forecasts Global Economy Slowdown as U.S. Trade War Impacts Growth

The Organisation for Economic Co-operation and Development (OECD) has downgraded its global growth forecast to levels not seen since the COVID-19 pandemic. The organization attributes this slowdown primarily to the impact of President Donald Trump’s trade war on leading economies like the U.S., which is experiencing a sharp decrease in growth. The OECD revised its outlook for 2025 and 2026, forecasting global economic growth will slow from 3.3% to just 2.9%, respectively. The report highlights the continued impact of trade policy uncertainty on investment and potential price increases. )