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U.S. growth forecast cut sharply by OECD as Trump tariffs sour global outlook

Upworthy Tuesday, 3 June 2025 ()
Economic growth forecasts for the U.S. and globally were cut further by the Organisation for Economic Co-operation and Development as President Donald Trump's tariff turmoil weighs on expectations. The U.S. growth outlook was downwardly revised to just 1.6% this year and 1.5% in 2026. In March,…
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News video: Trump And Xi To Speak Soon Amid Critical Minerals Trade Dispute, Aides Expect Resolution This Week

Trump And Xi To Speak Soon Amid Critical Minerals Trade Dispute, Aides Expect Resolution This Week 03:29

 U.S. President Donald Trump and Chinese President Xi Jinping are expected to speak soon amid escalating tensions over critical mineral trade. Treasury Secretary Scott Bessent confirmed that China may have violated a key agreement, accusing Beijing of withholding essential industrial materials. With...

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