Trump tariffs rock global economy: Gloomy outlook for Carney's Canada as Mexico heads into recession

The Mexican economy has all the ballots to become the main victim of the tariff war unleashed by Donald Trump. The Agency for Economic Cooperation and Development (OECD) draws this out in its last report, published on Monday, in which it gives a tijeretazo to its growth forecasts for the Aztec country. It estimates that GDP will fall by 1.3% this year and that in 2026 it will remain on negative ground, with a contraction of activity of 0.6%. The…

The tariffs that Donald Trump will cause a recession in Mexico's GDP, which will contract 1.3 percent in 2025... and 0.6 percent in 2026, warned the Organization for Economic Cooperation and Development (OECD) on Monday, March 17.The OECD has had to radically correct the predictions it had made in December for Mexico, which is by far the country that will be most affected by those tariffs by Donald Trump, due to its dependence on its great neigh…

The economy to Mexican is the most affected by tariffs, with a contraction of 1.3% this to and 0.6% the first, according to the OECD.

Canada’s GDP Growth Halved, OECD Points to Tariff Fallout

OECD Slashes Growth Forecasts for Canada, Mexico, and US Amid Trade Turmoil The Organisation for Economic Co-operation and Development (OECD) has significantly downgraded its economic growth forecasts for Canada, Mexico, and the United States, citing escalating trade tensions and the inflationary impact of tariffs. In its latest report, the OECD predicts Canada’s GDP will grow by just 0.7% this year and in 2026, a sharp decline from the previous…

In an increasingly uncertain economic scenario, the Organization for Economic Cooperation and Development (OECD) has projected that the tax hikes driven by US President Donald Trump will have a significant impact on the global economy, particularly affecting Canada, Mexico and the United States. These measures, far from boosting economic growth, are expected to slow the growth of these nations, increase inflation and result in an overall slowdow…

Trump tariffs rock global economy: Gloomy outlook for Carney's Canada as Mexico heads into recession

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