OECD says governments need to take urgent stimulus measures

In March, President Trump stated that his government would reinstate import tariffs for steel and aluminum

In March, President Trump stated that his government would reinstate import tariffs for steel and aluminum of 25% and 10%, respectively.

  |  Leah Millis/Reuters

Organization Recommends Advanced Economies Help Promote Investment in Energy and Digitization Technologies

Governments need to take urgent action to improve the prospects for their medium-term economies, the OECD said on Thursday, announcing forecasts that world economic growth will remain weak for two more years.

The Paris-based international organization has recommended that advanced economies help to promote private investment in new energy and digitization technologies through "bold public investments".

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