Global World News U S Tariffs Are About To Trigger The Greatest Trade Diversion The World Has Ever Seen

Despite US trade war, OECD expects global economy will grow 3.2% this year

The world economy has proven surprisingly durable in the face of President Donald Trump’s trade wars, the Organization for Economic Cooperation and Development said Tuesday, upgrading its outlook for ... Read More

Tariffs, AI boom could test global growth's resilience, OECD says

In its Economic Outlook, the Organisation for Economic Cooperation and Development forecast global growth would slow modestly from 3.2% in 2025 to 2.9% in 2026, leaving its forecasts untouched from ... Read More

America’s Tariffs Jolted the Global Economy. Its AI Spending Is Helping Save It.

Economists predicted a global shock from President Trump’s tariffs, but some of them are now revising their global growth predictions upward. Read More

Trump's tariffs hit the global economy

There is new evidence of global pain stemming from President Trump's trade policy, which single-handedly scrambled the world economy. Why it matters: From China to Switzerland, the economic ... Read More

Global Goods Trade Slows as Tariff Frontrunning Ends, WTO Says

Global merchandise trade slowed last quarter as the boost seen earlier this year from front-loading of orders ahead of US tariffs faded, the World Trade Organization said. Read More

UN conference addresses US tariffs impact on developing countries, global trade

The 195 member states of the UN Trade and Development organization (UNCTAD) gathered Monday in Geneva for its 16th conference, where leaders discussed the implementation of current World Trade ... Read More

What Is Port Fee Battle That Has US And China At Loggerheads; Will It Trigger A Global Trade War?

US-China New Port Fees Rift: The uneasy calm between Washington and Beijing has broken once again. This week, both nations introduced new port fees on vessels, signalling another turn in the trade ... Read More

US manufacturing stuck in doldrums as tariff headwinds persist

U.S. manufacturing contracted for the ninth straight month in November, with factories facing slumping orders and higher prices for inputs as the drag from import tariffs persisted. Read More

Tariffs’ Effect on World Trade

Current political and economic issues succinctly explained. Welcome to the Daily News Brief, CFR’s flagship morning newsletter summarizing the top global news and analysis of the day. The details. Read More

How Will U.S. Tariffs Reshape the Global Auto Industry?

The U.S. government has implemented a 15% tariff on European auto imports, including parts, retroactive to August 1. The move follows a reciprocal trade agreement framework with the EU that lowered ... Read More

Senate approves Democratic resolution that would block Trump's global tariffs

Washington — The Senate voted Thursday to approve a resolution that would block President Trump's tariffs on countries around the world, the third in a trio of rebukes of the president's trade policy ... Read More

IMF upgrades U.S. economic outlook as tariffs cause less disruption, for now

WASHINGTON (AP) — The U.S. and global economies will grow a bit more this year than previously forecast as the Trump administration’s tariffs have so far proved less disruptive than expected, the ... Read More