US economic growth to slow to 1.6% in 2025 amid tariff tensions, says OECD
Tuesday, 3 June 2025 () 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.
President Trump pushed back after being mocked on Wall Street with the nickname "TACO trade"—short for "Trump Always Chickens Out"—a dig at his inconsistent tariff strategies. During a press..
President Donald Trump swore in former U.S. Senator David Perdue as his new ambassador to China amidst growing tensions over trade. Trump joked about Perdue’s "timing," highlighting the difficult..
President Trump is set to announce a major trade deal with a “highly respected” nation—confirmed by insiders to be the UK. The deal may include U.S. tariff cuts on British steel, autos, and..
US President Donald Trump's tariff policies and global uncertainties have made the economies of the US and the world slow. In its latest report, the Organisation... DNA
US equity markets showed mixed performance amid global economic concerns and anticipation of interest rate and inflation cues. The Dow and S&P 500 dipped... IndiaTimes
Asian stock markets surged, led by South Korea's Kospi after Lee Jae-myung's presidential win, despite economic challenges and Trump's tariffs. US markets also... IndiaTimes
Tuesday, 3 June 2025 ()
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