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International Business Times UK
International Business Times UK
World
Rohit David

US Faces Stunted Growth and Soaring Inflation from Tariffs, OECD Warns

The OECD warns Trump’s tariffs will stunt US growth to 1.6% and push inflation near 4% by 2025. Can businesses and shoppers adapt to this economic shake-up? (Credit: Mart Production : Pexels)

The global economy is teetering on the edge, and the US is at the heart of the storm.

According to a recent OECD Economic Outlook, President Donald Trump's aggressive tariff policies are set to choke US economic growth to a mere 1.6% in 2025, down from 2.8% last year, while pushing inflation towards 3.9% by year-end.

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