US economic growth to slow to 1.6% in 2025 amid tariff tensions, says OECD

Jun 3, 2025 - 16:00
US economic growth to slow to 1.6% in 2025 amid tariff tensions, says OECD

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The OECD projects a U.S. economic slowdown to 1.6% in 2025, down from 2.8% in 2024, attributing it largely to President Trump's tariff policies disrupting global trade. These measures have increased U.S. tariff rates significantly, impacting business and consumer confidence. The global economy also faces strain, with growth expected to drop.

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