Trade War Cuts Global Economic Growth Outlook: OECD
Summary by NZ Herald
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Canadian economy will be among those hit hardest by global slowdown, says OECD
Global economic growth is slowing more than was expected only a few months ago as the fallout from the Trump administration's trade war continues, the OECD said Tuesday. And Canada is among the countries where the downturn is most concentrated.
·Canada
Read Full ArticleUS economic growth to slow to 1.6% in 2025 amid tariff tensions, says OECD
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.
·India
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Total News Sources10
Leaning Left6Leaning Right1Center3Last UpdatedBias Distribution60% Left
Bias Distribution
- 60% of the sources lean Left
60% Left
L 60%
C 30%
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