The Tariff Downturn

“”The OECD now forecasts global economic growth to slow to 2.9% this year from 3.3% in 2024,” notes Bloomberg. “It expects the rate of expansion in the US will tumble further, to 1.6% from 2.8%—an outlook that is significantly lower than its projection in March.””

https://reason.com/2025/06/03/the-tariff-downturn/