US growth likely to slow to 1.6% this year, hobbled by Trump's trade wars, OECD says
- Posted on June 3, 2025
- By Business News Today
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US growth likely to slow to 1.6% this year, hobbled by Trump's trade wars, OECD says
The OECD forecasts U.S. economic growth to slow to 1.6% this year and 1.5% in 2026, attributing the deceleration to President Trump's trade wars, which have increased tariffs and created economic uncertainty. Global growth is also expected to slow, impacted by rising trade barriers and policy unpredictability.
