Summary
Global trade grew by 4.6% in 2025 despite high U.S. tariffs, according to reports by the World Trade Organization and McKinsey. The tariffs altered trade patterns, leading China to focus more on Europe and emerging markets, while U.S. imports of AI-related products increased significantly.
Key Facts
- Global trade grew 4.6% in 2025 as per WTO's report.
- The U.S. imposed high tariffs that changed trade patterns but didn't stop global trade growth.
- China's exports shifted from the U.S. to Europe and emerging markets.
- There was a 37% increase in global shipments of AI hardware, with a 66% rise in the U.S.
- U.S. imports from China decreased due to new tariffs, affecting consumer goods.
- China's exports of electric vehicles and industrial components grew.
- The blockage of the Strait of Hormuz and infrastructure issues in the Middle East pose a new challenge to global trade.
- Major agricultural producers rely on Middle Eastern routes for fertilizer supply, which is currently at risk.
