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The Paris-based global policy forum OECD now sees U.S. growth at just 1.6% this year, and global growth at 2.9%.
CPA leaders’ optimism declined sharply in the second quarter, as tariff concerns mount and businesses pivot their strategies ...
The analysis came before federal court decisions on tariffs last week and doesn’t account for potential changes to tariff ...
mostly due to tariffs. "Lower growth and less trade will hit incomes and slow job growth." "The OECD now forecasts global economic growth to slow to 2.9% this year from 3.3% in 2024," notes ...
U.S. economic output will fall as a result of President Donald Trump's new tariffs on foreign goods that were in place as of May 13, while also reducing federal budget deficits by $2.8 trillion over a ...
Even before Donald Trump’s “Liberation Day” tariffs on April 2nd, the median estimate among the 48 who were surveyed by the ...