The Tariff Downturn
β”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%βan outlook that is significantly lower than its projection in March.”β
https://reason.com/2025/06/03/the-tariff-downturn/