Paul Bloxham: HSBC chief economist on the OECD reducing its global economic outlook amid escalating trade tariffs - Heather du Plessis-Allan Drive

The OECD has downgraded its outlook for the global economy as a result of President Trump's escalating trade wars.

Canada and Mexico are predicted to see the biggest impact, with Canada's growth outlook being halved and Mexico being expected to see a recession.

HSBC chief economist Paul Bloxham explains further.

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