President Donald Trump’s turbulent tariffs are projected to cause a sharper slowdown in economic growth in the U.S. than expected.

Global economic growth is expected to take a hit, in part as a result of President Donald Trump’s tariffs, if major nations remain mired in unresolved trade disputes, the Organization for Economic Cooperation and Development said in a report released Tuesday.

The OECD said this morning that it was slashing its growth forecast for the US, as it warned that President Donald Trump’s trade war will sap momentum from most major economies. The global economy as a whole is heading into its weakest period of growth since the Covid-19 pandemic,