OECD sees threat to global economy in tit-for-tat tariff increases
“The world economy is a lot stronger than it used to be,” says OECD acting chief economist Alvaro Pereira.
Nevil Gibson Wed, 14 Mar 2018
The OECD has warned the pickup in the global economy could be weakened by a series of tit-for-tat tariff increases initiated by proposed US charges on steel and aluminium imports.
Its latest Interim Economic Outlookprojects US economic growth will rise to 2.9% this year and 2.8% next, compared