‘Full Effects’ of Trump Tariff Hikes Will Be Felt in 2026, OECD Says

Global GDP Growth Projection Revised Down to 3.2% in 2025, 2.9% in 2026: OECD

This aerial photo taken on Jan. 18, 2023 shows vehicles waiting for shipment at Yantai Port in Yantai, east China's Shandong Province. (Photo/Xinhua) Paris - Global gross domestic product (GDP) growth is projected to slow from 3.3 percent in 2024 to 3.2 percent in 2025, and further to 2.9 percent in 2026, according to the Organization for Economic Cooperation and Development (OECD) in its latest Economic Outlook released Tuesday. The OECD said t…

‘Full Effects’ of Trump Tariff Hikes Will Be Felt in 2026, OECD Says

The group's most recent reporting said tariffs will continue to be a drag on America's GDP growth through next year.