OECD lowers global growth outlook as Trump’s trade war hits U.S. economy


Source: theglobeandmail.com theglobeandmail.com

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Open this photo in gallery: Robots work on cars of German car manufacturer BMW in Munich, Germany, in October, 2021. The OECD revised down the global growth outlook on Tuesday and said it would likely be even weaker if protectionism increases.Matthias Schrader/The Associated Press Global economic growth is slowing more than expected only a few months ago as the fallout from the Trump administration’s trade war takes a bigger toll on the U.S. economy, the OECD said on Tuesday, revising down its outlook. The global economy is on course to slow from 3.3 per cent last year to 2.9 per...