Trump’s tariffs are inflicting serious economic damage and reigniting inflation, OECD says | CNN Business

CNN  — 

President Donald Trump’s tariff policies are slowing economic growth in the United States and around the world while sending prices higher again, creating a toxic stew for the global economy that could grow even worse if tensions escalate, the Organisation for Economic Co-operation and Development said Monday.

The quarterly report is the first sweeping attempt by global economists to document and forecast the damage from Trump’s policies to the economies of America and its trading partners. The OECD report shows what US markets have been signaling for several weeks as they’ve rapidly tumbled into

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