
OECD Chief Economist: Soaring US Tariffs Shake Global Economy
OECD economist Alvaro S. Pereira warns that US tariffs have reached their highest levels since 1936, fueling uncertainty and eroding global consumer and business confidence.
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OECD economist Alvaro S. Pereira warns that US tariffs have reached their highest levels since 1936, fueling uncertainty and eroding global consumer and business confidence.
OECD trims 2025 growth outlook to 2.9%, warning that rising tariffs and trade uncertainty could slow economies and hit the US hardest.
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OECD forecasts a moderate rebound for China’s economy in 2024-25, contributing significantly to global growth amid ongoing financial challenges.