US growth likely to slow to 1.6% this year, hobbled by Trump's trade wars, OECD says

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US growth likely to slow to 1.6% this year, hobbled by Trump's trade wars, OECD says

abcnews.go.com/Business/wireStory/us-growth-slow-16-year-hobbled-trumps-trade-122438767

U.S. economic growth will slow to 1.6% this year from 2.8% last year as President Donald Trump’s erratic trade wars disrupt global commerce, drive up costs and leave businesses and consumers paralyzed by uncertainty

This story appeared on abcnews.go.com, 2025-06-03 08:03:12.