The Organisation for Economic Co-operation and Development (OECD) warned that the global economy is heading into its weakest growth spell since the Covid-19 drop. The organization argued that U.S. President Donald Trump’s trade war is slowing momentum in leading economies,

The Organization for Economic Cooperation and Development (OECD) on Tuesday downgraded its global economic growth forecast to 2.9% for both 2025 and 2026, down from 3.1% in its previous outlook, citing rising trade barriers, tighter financial conditions, and mounting policy uncertainty.