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US economic growth forecast cut sharply due to higher tariffsThe OECD's forecast projects a slowdown in U.S. economic growth due to tariffs, with GDP growth at 1.5% in 2026 and inflation reaching 3.9% by the end of 2025.
The US economy grew 3% in the second quarter as a tariff-related import surge that shrank output early in 2025 reversed, artificially juicing growth ...
The US economy rebounded to an annualised rate of 3 per cent in the second quarter amid huge swings in imports, but there were some signs of slowing underlying growth. Second-quarter GDP was driven ...
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