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OECD cuts U.S. and global economic outlooks as Trump’s trade tariffs weigh on growth

  • Major stock markets fell due to concerns over US President Donald Trump's tariff agenda and its impact on the global economy.
  • European indices traded lower following significant declines in Asia and the US stock market.
  • The Bank of England and Bank of Japan warned of economic uncertainty fueled by Trump's policies.
  • British Airways stated that the temporary closure of Heathrow airport would significantly impact its operations and customer travel options.
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NE Iowa PublishingNE Iowa Publishing
+14 Reposted by 14 other sources
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Global stocks mostly slump as Trump tariffs hit confidence

Major global stock markets mostly suffered another difficult day Friday, with heightened concerns over the potential fallout from US President Donald Trump's tariff agenda blunting confidence.

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Herald Sun broke the news in Melbourne, Australia on Friday, March 14, 2025.
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