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Forex

OECD cuts US and world GDP as Trump commerce struggle hits development outlook

The Organisation for Financial Cooperation and Improvement (OECD) revised world development all the way down to 2.9% for 2025-2026, anticipating the fallout from the Trump administration’s commerce struggle.

Key takeaways

OECD cuts US 2025 GDP development forecast to 1.6% (earlier 2.2%), trims 2026 to 1.5% (earlier 1.6%).

OECD cuts world 2025 GDP development forecast to 2.9% (earlier 3.1%), trims 2026 to 2.9% (earlier 3.0%).

OECD maintains Euro space 2025 GDP development forecast at 1.0%, holds 2026 at 1.2%.

OECD trims China 2025 GDP development forecast to 4.7% (earlier 4.8%), lowers 2026 to 4.3%. (earlier 4.4%)

OECD trims UK 2025 GDP development forecast to 1.3% (earlier 1.4%), cuts 2026 to 1.0% (earlier 1.2%).

OECD cuts Japan 2025 GDP development forecast to 0.7% (earlier 1.1%), raises 2026 to 0.4% (earlier 0.2%).

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