Day: June 5, 2025

There Are Signs of a Global Economic Slowdown Created by Trump’s Trade Policies

Buck Banks

2.9%

OECD warned of a global economic slowdown. In its latest forecast, the Organisation for Economic Co-operation and Development revised the global GDP growth rate for this year down from 3.1% in previous estimates to 2.9% as a result of the effects of the Trump administration’s trade policies. The organization also cut the US’ growth outlook from 2.2% as of March to 1.6%.

Stephen Miller’s Love of Hyperbole on Display

Buck Banks

“The BBB will increase by orders of magnitude the scope, scale and speed of removing illegal and criminal aliens from the United States. For that reason alone, it’s the most essential piece of legislation currently under consideration in the entire Western World, in generations.”

— Trump aide Stephen Miller, on X, defending the Republican budget bill after Elon Musk called it a “disgusting abomination.”