Trump’s tariff fallout? It’s worse than we previously thought, says OECD

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Trump’s tariff fallout? It’s worse than we previously thought, says OECD

President Donald Trump’s trade war will wreak greater economic damage than previously expected, both in the United States and everywhere else, according to new forecasts by the Organisation for Economic Co-operation and Development.

CNN’s Kate Bolduan examines how the tariffs may affect the costs of footwear, talking with Matt Priest of the Footwear Distributors and Retailers of America, and CNN’s Matt Egan reports on the effect of higher steel tariffs on the auto industry. #CNN #News

Date: June 3, 2025