Trade Conflicts Threaten Global Growth, Says OECD

Paris-based body warned that the pickup could be weakened by a series of tit-for-tat tariff increases

U.S. tax cuts and government spending increases will likely deliver a boost to the global economy this year and next, but that could be offset by an escalation of tensions over trade, the Organization for Economic Cooperation and Development said Tuesday.

Global economic growth accelerated last year as higher investment and falling unemployment drove pickups in most major economies. In its quarterly report, the Paris-based research body said it expects growth to ease off in some of those economies this year, but not by as...

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