Axios
Global trade grew in 2025 despite Trump tariffs, two reports show
If you only read the headlines, you might guess that global trade came to a standstill in the last year as the U.S. put into place a new tariff regime. You would be 180 degrees wrong. The big picture: Trade flows proved surprisingly robust last year, with the imposition of high U.S. tariffs changing the patterns and volumes, but not upending the basic reality of a deeply interconnected world econo
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