It's official: Trump's tariffs are damaging the economy
1. OECD cut US growth forecast for 2025 from 2.8% to 1.6%. 2. Trump's tariffs raised US import rate to highest since 1938. 3. Global growth projected to slow to 2.9% in 2025 and 2026. 4. Tariffs are disrupting investments and causing inflation in the US. 5. Governments urged to de-escalate tensions to protect global economy.