The OECD's latest report warns that President Trump's tariff policies are leading to a sharp anticipated slowdown in U.S. economic growth, with GDP projected to decline significantly over the next two years. While the U.S. economy recorded a growth rate of 2.8% last year, it is expected to decrease to 1.6% in 2025 and further to 1.5% in 2026. Global growth is also projected to slow, dropping below the 3% growth threshold. OECD officials have highlighted the necessity for international dialogue to address the challenges posed by rising trade barriers and maintain a stable global economic environment.
The forecast indicates that the United States GDP will sharply decline, plummeting from 2.8% growth last year to 1.6% in 2025 and 1.5% in 2026.
OECD Secretary-General Mathias Cormann emphasized the need for constructive dialogue among governments to maintain open markets and support sustained economic growth.
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