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OECD Forecasts Global Growth Slowdown Amid US Tariffs

9/26/2025

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Story summary
  • Organisation for Economic Co-operation and Development (OECD) warns growth will slow to 3.2% in 2025 and 2.9% in 2026 from US tariffs.
  • By August, the US tariff rate hit 19.5%, with GDP projected at 1.8% in 2025 and 1.5% in 2026.
  • China’s growth is seen easing to 4.9% in 2025 and 4.4% in 2026; Philippine analysts welcome the OECD revision.