Trade Policy & Tariffs
High ImpactJul 20, 2026US Imports Surge Despite 2025 Tariffs; Exports Remain Stable
Contrary to expectations that increased tariffs would dampen trade flows, US merchandise imports grew during the first half of 2025 while export volumes held steady. This counterintuitive result refle
Peterson Institute for International Economics#tariffs-2025#us-imports-exports#trade-policy-impact
