Trump tariffs slowing economic growth

 

(CNN)– A global group of economists predicts President Trump’s tariff policies will slow economic growth in the U.S. and around the world and send prices higher again.

The Organisation for Economic Co-operation and Development issued its quarterly report on Monday, March 17.

It is the first sweeping attempt by global economists to document and forecast the damage from Trump’s tariffs to the economies of America and its trading partners.

The group of nearly 40 mostly wealthy nations made new economic forecasts that are noticeably worse than its previous predictions.

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