Trump shook up global trade this year; some uncertainty may persist in 2026 [Yahoo! Finance Canada]
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Source: Yahoo! Finance Canada
His trade policies - and the global reaction to them - will remain front and ?center in 2026, but face some hefty challenges. WHAT HAPPENED IN 2025 Trump's moves, aimed broadly at reviving a declining manufacturing base, lifted the average tariff rate to nearly 17% from less than 3% at the end ?of 2024, according to Yale Budget Lab, and the levies are now generating roughly $30 billion a month of revenue for the U.S. Treasury. They brought world leaders scrambling to Washington seeking deals for lower rates, often in return for pledges of billions of dollars in U.S. investments. Framework deals ?were struck with a host of major trading partners, including the European Union, the United Kingdom, Switzerland, Japan, South Korea, Vietnam and others, but notably a final agreement with China remains on the undone list despite multiple rounds of talks and a face-to-face meeting between Trump and Chinese leader Xi Jinping. The EU was criticized by many for its deal for a 15% tariff
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