World Economy Surprisingly Resilient to Tariffs, OECD Says (1)

The global economy is weathering Donald Trump’s trade tariffs better than expected as activity gets a boost from strong investment in artificial intelligence and supportive fiscal and monetary policies, the OECD said.

The Paris-based organization raised its US and euro-area growth forecasts for this year and next, and made small upward adjustments for other major economies in its latest outlook.

Still, it continues to predict global growth will slow to 2.9% in 2026 from 3.2% in 2025 as the full effects of levies on trade have yet to be felt.

“The global economy has been ...