How to Think About Tariffs

How to Think About Tariffs

In the new age of trade geopolitics, the only certainty is uncertainty. What we can do at Trade Data Monitor is take an educated look at trade statistics that measure what’s leaving and entering ports, crossing oceans, and flying through the air. To be sure, the scenario is less than rosy. The World Trade Organization is now forecasting a 0.2% decline in the total value of merchandise trade for 2025. Still, for all the bluster in Washington and …