The decision is a major setback for President Trump, who responded by imposing a 10 percent global tariff after lashing out at the justices who ruled against him. Trade deals his administration has struck with countries around the world are now in question.

The Global Trade Observatory Annual Outlook Report 2026 is a data and insights-led platform designed to equip businesses, governments, and policy makers with timely, actionable intelligence on the forces reshaping trade across the Americas and beyond.

The 2025 tariff episode will be remembered not only for the sheer scale and speed of its initial shock, but for the clarity with which it exposed the evolving dynamics of the global trading system.When the United States abruptly raised tariffs to levels unseen in more than a century,

President Donald Trump’s return to the White House in 2025 kicked off a frenetic year for global trade, with waves of tariffs on U.S. trading partners that lifted import taxes to their highest since the Great Depression, roiled financial markets and ...

By Promit Mukherjee OTTAWA, Feb 19 (Reuters) - Canada's trade deficit narrowed in December even as its share of exports to the United States dropped to the lowest level on record, barring two months during the peak of the COVID-19 pandemic,

NPR's Ari Shapiro speaks with former US trade representative and Council on Foreign Relations President Michael Froman about how global trade moves forward in the midst of President Trump's tariffs. The global trading system, as we have known it, is dead.

I have spent a large part of the past twelve years advising nearly three dozen international governments as to how to best approach creating a legal framework that can work in a global marketplace. And on the heels of those significant policy changes, my ...

Shortly after the US Supreme Court ruled Donald Trump’s tariffs were illegal, he hit back. The president vowed to impose a 10% levy on US imports through different means. He raised those duties to 15% the following day.