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PARIS:The trade war between the United States and China has plunged global growth to its lowest levels in a decade, the Organisation for Economic Cooperation and Development (OECD) said on Thursday as it slashed its forecasts.The OECD said that the global economy risked entering a new, lasting low-growth phase if governments continued to dither over how to respond. The global economy will see its weakest growth since the 2008-2009 financial crisis this year, slowing from 3.6% last year to 2.9% this year before a predicted 3% in 2020, the OECD said.The Paris-based policy forum said the outlook had taken a turn for the worse since it last updated its forecasts in May, when it estimated the global economy would grow 3.2% this year and 3.4% in 2020. What looke
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