The global economy is headed for a downturn due to Trump’s tariffs: OECD

Tree Frog Forestry News
June 3, 2025
Category: Today's Takeaway

The Organization for Economic Co-operation and Development (OECD) says the global economy is headed for a downturn and North America will be hardest hit. In related news: Canada’s First-Ministers on the Canadian economy; RBC Elements and TD Securities on forest-product headwinds, and the NAHB on pending changes to lumber duties and EPA burdens. Meanwhile, from International Pulp Week:

In Forestry/Wildfire news: the US Forest Service chief wants wildfires extinguished ASAP; no relief in sight for Saskatchewan communities under evacuation; wildfires prompt air quality statements across northwestern Ontario; here’s where wildfire smoke is spreading in Canada and the US; and how illegal logging funds cartels, terrorists, and rogue regimes.

Finally, the AWC’s Mass Timber Guide, and the latest Canada Wood market news.

Kelly McCloskey, Tree Frog News Editor

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