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How US 'Liberation Day' tariffs reshaped global trade

One year after Trump's "Liberation Day" tariffs, global trade flows have shifted. Trade data shows which countries gained, which lost — and who is footing the bill.

1 report1 sourceMar 30, 2026, 5:10 AM
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DWMar 30, 2026, 5:10 AM

How US 'Liberation Day' tariffs reshaped global trade

One year after Trump's "Liberation Day" tariffs, global trade flows have shifted. Trade data shows which countries gained, which lost — and who is footing the bill.

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