Global World News Global Economy Already Feeling Drag From Trump Tariffs

Trump's Tariffs Have Already Hurt the Economy—and the Pain Is Only Beginning

The U.S. economy is already feeling the effects of Trump's tariffs, and the Organization for Economic Cooperation and Development (OECD) projects that things could get worse. The OECD's biannual ... Read More

‘Premature’ to conclude that Trump’s tariffs haven’t hit the global economy, the IMF says

Higher US tariffs have so far had a smaller impact globally than expected, but it would be “premature and incorrect” to conclude they have had no effect on economic growth, the International Monetary ... Read More

IMF chief says global economic uncertainty is the new normal

The global economy is holding up better than expected despite major shocks such as President Donald Trump’s tariffs, but the head of the International Monetary Fund says that resilience may not last. ... Read More

WTO: Full Drag of Trump Tariffs to Hit Trade Growth in 2026

[Stay on top of transportation news: Get TTNews in your inbox.] The growth of global goods trade is expected to slow sharply next year after a surprisingly resilient first half of 2025, reflecting a ... Read More

Resilient World Economy Set for Tariff Hit in 2026, OECD Says

The global economy is still on course for a substantial blow from Donald Trump’s trade measures despite showing greater resilience than expected in recent months, the OECD said. In new forecasts ... Read More

IMF head issues dire warning about tariffs, ‘uncertainty’ in the global economy: ‘Buckle up’

WASHINGTON — The global economy is holding up better than expected despite major shocks such as President Donald Trump’s tariffs, but the head of the International Monetary Fund says that resilience ... Read More

Trump’s tariffs are strangling economic productivity

Equities in the major indices of U.S. stock markets are trading at or near all-time highs. The Trump administration is counting on strong economic growth, 4% annual growth, and the tariffs to ... Read More

Why a near-fistfight at a MAGA nightspot spells danger for the global economy

It gives new meaning to the term economic meltdown. Reports that fists almost flew between two members of President Donald Trump’s crack finance team are hardly reassuring with the economy perched on ... Read More

Trump Tariffs Push Japan’s Economy Into Contraction

The Japanese economy shrank 1.8 percent from the same quarter last year as U.S. tariffs dampened automobile exports and prompted a bleak outlook for growth. Read More

It’s Trump’s Economy Now and Americans Don’t Seem to Love It

President Donald Trump has been back in office long enough for Americans to expect at least glimmers of the economic golden age he promised. Instead, warning signals are flashing. Read More