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Trade war cuts global economic growth outlook, warns OECD

Upworthy Tuesday, 3 June 2025 ()
The OECD slashed its annual global growth forecast on Tuesday, warning that US President Donald Trump's tariffs blitz will stifle the world economy – hitting the United States especially hard. After 3.3% growth last year, the world economy is now expected to expand by a "modest" 2.9% in 2025 and…
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News video: Beijing Says ‘No Call’ With Trump Despite White House Claims | Slams U.S. ‘Discriminatory Actions’

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 The U.S.-China tariff conflict continues to escalate as China denies any plans for a phone call between President Xi Jinping and President Trump, contradicting White House claims. With trade tensions rising after Trump’s global tariffs and accusations of China violating agreements, both nations...

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