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The dampened outlook for the U.S. mirrors a slowdown expected for the global economy, the OECD said, predicting global ...
After most Trump Tariffs were shot down by a trade court last month, all eyes turn to the Supreme Court and its Major ...
Inflation ticked slightly higher in May, rising 2.4%, in line with expectations, according to the U.S. Consumer Price Index ...
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 said President Donald Trump's tariffs are hitting economic growth in the US and globally too, and warned of consequences for jobs and incomes.
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 OECD notes that Trump's policies have raised average US tariff rates from around 2.5 per cent when he returned to the White House to 15.4 per cent, highest since 1938 ...
The Paris-based group again cuts its global economic growth outlook. Read more at straitstimes.com. Read more at straitstimes.com.
President Donald Trump’s trade war will wreak greater economic damage than previously expected, both in the United States and everywhere else, according to new forecasts by the Organisation for ...
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.
While the OECD's U.S. forecast didn't mention President Trump by name, the report cited new tariffs as one of the primary causes of the economic slowdown. The Trump administration's policies ...
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