The US, the world’s biggest economy, saw a dramatic downgrade from 2.2 per cent to 1.6 per cent for this year. Britain is expected to grow by 1.3 per cent, down from 1.4 per cent.

The world economy is on course for the slowest growth since the pandemic as Donald Trump’s trade wars take their toll, the OECD warned yesterday. The latest forecast from the Paris-based ...

The global economy is heading into its weakest growth spell since the Covid-19 slump as President Donald Trump’s trade war saps momentum in leading economies including the US, OECD forecasts showed.

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The stock market took one of the worst nosedives at the beginning of April as President Trump's tariffs and plans to reshape ...

Attock Cement Pakistan Limited (PSX: ACPL) was incorporated in Pakistan as a public limited company in 1981. The company is ...

Donald Trump’s combative trade policies have tipped the world economy into a downturn, with the US among the hardest hit, the OECD said. The Paris-based organization slashed its global forecasts ...

A majority of economists believe US trade policy will have a “lasting impact” on the global economy. That’s according to the World Economic Forum’s latest survey of chief economists. The ...

Investing.com - Global growth faces an "increasingly challenging" outlook due to potential headwinds from sweeping tariffs denting the U.S. economy, the OECD flagged in a statement lowering its ...

Still, Thomsen said that increases in tariffs and trade barriers will have a long-term downward impact on global flight demand. U.S. tariffs are currently at their highest level since the 1930s.

Despite promised blowback from Europe, Donald Trump formally raised steel and aluminum tariffs to 50% from 25% on Tuesday. The move by the president raises trade tensions at a time when the US is ...

The OECD now forecasts global economic growth to slow to 2.9% this year from 3.3% in 2024. It expects the rate of expansion in the US will tumble further, to 1.6% from 2.8% — an outlook that is ...