Washington, Jun 3 (AP) – The OECD predicts US economic growth will slow significantly, from 2.8% last year to 1.6% this year, and further to 1.5% in 2026, due to President Trump’s trade policies. The organization attributes the slowdown to increased tariffs, which have risen to their highest levels since 1938, disrupting global commerce and raising costs for businesses and consumers. Global economic growth is also projected to decelerate, falling to 2.9% this year and remaining at that level in 2026. The OECD’s chief economist highlighted the negative impact of rising trade barriers and policy uncertainty on business and consumer confidence. China’s growth is also expected to slow, affected by US tariffs and a struggling real estate market, though government support might mitigate some of the damage. Eurozone economies are expected to see a slight growth increase due to ECB interest rate cuts. The OECD’s forecast comes amid ongoing legal challenges to Trump’s tariffs in US courts.