OECD: Trump's Trade Policies to Slow Global Growth; Trump Calls for Judge's Impeachment; New Brunswick Budget Hit by Tariffs

The OECD projects that global GDP growth will be 3.1% in 2025, down from a previous projection of 3.3%, citing the negative effects of trade policies enacted by the Trump administration. Mexico's economy is expected to contract by 1.3% in 2025 and 0.6% in 2026. Canada's growth is projected at 0.7% for both 2025 and 2026. The US is forecast to grow by 2.2% in 2025 and 1.6% in 2026. In New Brunswick, Canada, the government tabled a $14.3 billion budget on Tuesday, forecasting a $549 million deficit, which increases to nearly $600 million with a tariff contingency fund. Finance Minister René Legacy attributed the deficit to decreased revenue and tariff threats from the US. On Tuesday, President Trump called for the impeachment of U.S. District Judge James Boasberg after he blocked the deportation of migrants under the Alien Enemies Act. Supreme Court Justice John Roberts responded with a statement emphasizing that impeachment is not an appropriate response to disagreement concerning a judicial decision.