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US economic growth forecast cut sharply due to higher tariffs

Upworthy Tuesday, 3 June 2025 ()
The outlook for economic growth in the U.S. was slashed due to higher tariffs in a new report released by the Organisation for Economic Co-operation and Development (OECD) on Tuesday. The OECD's forecast cut U.S. economic growth to 1.6% in 2025 and 1.5% in 2026, well below the 2.8% growth in gross…
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