OECD warns of trade war threat to global economic rebound

An improved outlook for world economic growth will be placed at severe risk if a trade war results from US metal tariffs, a respected global forum has warned.

In its latest forecasts, the Organisation for Economic Cooperation and Development (OECD) raised its world growth expectations for both 2018 and 2019 to 3.9% – the highest since 2011 – from a previous estimate of 3.6%.

It said  pre-Christmas tax cuts in the US , the world’s largest economy, would account for much of the upgrade though it warned that protectionist policies were a big risk...


This article was automatically added to our system 13-3-2018

OECD warns of trade war threat to global economic rebound


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