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The fresh data resumes a trend of worsening consumer confidence that stretches back to the outset of 2025. Last month, a ...
After most Trump Tariffs were shot down by a trade court last month, all eyes turn to the Supreme Court and its Major ...
President Donald Trump’s turbulent tariffs are projected to cause a sharper slowdown in economic growth in the U.S. than ...
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
The OECD’s gloomy assessment comes after the dollar slid towards a three-year low yesterday and US government bonds came under pressure, as weak manufacturing data and growing warnings over the ...
The Paris-based group again cuts its global economic growth outlook. Read more at straitstimes.com. Read more at straitstimes.com.
In its Economic Outlook report, the OECD said it expects the slowdown to be “concentrated” in the US, Canada, Mexico and China — four of the countries most affected by Trump’s new tariffs.
Consumer sentiment improved more than expected in June, indicating a swell of optimism as President Donald Trump rolled back ...
The OECD said President Donald Trump's tariffs are hitting economic growth in the US and globally too, and warned of consequences for jobs and incomes.
Donald Trump’s combative trade policies have tipped the world economy into a downturn, with the US among the hardest hit, the OECD said. The Paris-based organization slashed its global forecasts ...
In the United States, GDP growth is projected to fall from 2.8 percent in 2024 to 1.6 percent in 2025 and 1.5 percent in 2026, according to the OECD, if the tariff rates imposed by Trump as of mid ...