Home Business news Global economy more resilient than expected amid Trump tariffs, OECD says

Global economy more resilient than expected amid Trump tariffs, OECD says

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International body warns of slowdown next year, with UK growth expected to lose ground among G7 countries

The global economy has been more resilient than expected in the face of Donald Trump’s tariffs, but is set to slow over the next year, the Organisation for Economic Co-operation and Development (OECD) has warned.

The Paris-based club of industrialised countries has upgraded its projection for global GDP this year, to 3.2% – up from the 2.9% it expected in its last forecast in June.

Continue reading…International body warns of slowdown next year, with UK growth expected to lose ground among G7 countriesBusiness live – latest updatesThe global economy has been more resilient than expected in the face of Donald Trump’s tariffs, but is set to slow over the next year, the Organisation for Economic Co-operation and Development (OECD) has warned.The Paris-based club of industrialised countries has upgraded its projection for global GDP this year, to 3.2% – up from the 2.9% it expected in its last forecast in June. Continue reading…