The latest OECD report signals a diminishing global economic resilience, predicting a decline in growth to 3.1% in 2025 and 3% in 2026. The U.S. is expected to experience sharper declines, dropping to 2.2% in 2025 from 2.8% in 2024. Trade restrictions imposed by President Trump, including tariffs on allies and rivals, are increasing production costs and fueling inflation. While most global economies face subdued expectations, India is projected to maintain strong growth rates.
The resilience evident last year is slipping, contributing to a projected decline in global growth to 3.1% in 2025 and 3% in 2026.
Trade restrictions, including tariffs by President Trump, are expected to lead to increased production and consumption costs, further dragging down economic growth.
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