Archive · 6 Jan 2026
Trump's Tariffs Fail to Halt Global Trade Growth
President Trump put high taxes on goods coming into the US to try and control trade.
People thought this would stop global trade, but it didn't.
In 2025, the value of global trade reached a record high of $35 trillion, which is 7% more than the year before.
Some companies bought more goods before the taxes started, and the cost of some goods went up.
But trade in services, like cloud computing, grew even faster.
Countries like South Korea and Taiwan also saw big increases in their trade.
Even though some ports in the US are seeing fewer shipments, especially from China, the overall global trade is still growing.
This shows that trade is more complicated and resilient than people thought, and it's not easy for any one country to control it all.
Global trade value reached $35 trillion in 2025, a 7% increase from 2024.
Services trade grew at 9% in 2025, outpacing goods trade.
South Korea's exports may have crossed $700 billion for the first time in 2025.
Taiwan's trade grew by 7.37% in 2025, the fastest in 15 years.
Intra-regional trade in East Asia rose by 10% in 2025.
- Who
- President Donald Trump, global traders, importers, exporters
- What
- Impact of Trump's tariffs on global trade
- When
- 2025 and potential effects in 2026
- Where
- Global, with focus on US, China, South Korea, Taiwan, and East Asia
- Why
- To understand the resilience of global trade despite tariffs
- Global Trade Value
- $35 trillion in 2025
- Trade Growth Rate
- 7% increase from 2024
- Services Trade Growth
- 9% in 2025
- South Korea Exports
- $700 billion in 2025
- Taiwan Trade Growth
- 7.37% in 2025
- East Asia Intra-Regional Trade Growth
- 10% in 2025
- US Imports from China
- 40% of seaborne imports
- Predicted US Imports Decline
- At least 10% in second half of 2025