The Organization for Economic Cooperation and Development on Monday downgraded its forecast for 2025 global growth by 0.2% to 3.1% due to mounting signs of weakness amid already slower growth and stic

The Organisation for Economic Co-operation and Development has cut its outlook for the U.S. and the global economy this year and next, citing "higher trade barriers" that are putting pressure on growth.

Higher U.S. tariffs on imports are set to slow economic growth and push inflation higher around the world, with further increases threatening an even more severe downturn.