The world and U.S. economy are facing major threats to growth that could start as soon as the second half of the year and persist into 2026 thanks to President Donald Trump’s tariffs. That’s the outlook from the Organisation for Economic Co-operation and Development (OECD), the international, multilateral organization with the mission of driving the highest possible economic growth for the world.
Global growth is predicted to drop to 2.9% while U.S. growth is set to hit 1.5% in 2026, a significant decrease from the respective 3.3% and 2.8% growth in 2024. The major threats leading to the decrease in growth prospects are tariffs, immigration changes, and inflation, according to the OECD’s latest report.
