The World Bank and OECD have recently issued stark warnings regarding the global economic outlook, heavily citing the impact of U.S. tariffs and ongoing trade wars. The World Bank has downgraded its forecast for global economic growth to 2.3%, marking a significant reduction as tensions between nations persist. Additionally, the OECD projects that the U.S. economy could experience a slowdown to 1.6% this year, attributing this decline to the adverse effects of tariffs. Experts warn that the 2020s may become the weakest decade for global growth since the 1960s, as the trade war continues to exacerbate economic uncertainties and pressures worldwide.