Global Trade Expected to Grow Despite US Tariffs: Report

Despite U.S. trade policy shifts, global trade is forecast to grow at 3.1 percent annually over the next five years, a new DHL and NYU Stern report reveals.

Shipping containers are stacked at the Port of Long Beach in Calif. on March 5, 2025. Frederic J. Brown/AFP via Getty Images

Trade between nations, including the United States, is projected to expand over the next five years despite potential tariff increases proposed by President Donald Trump, according to the DHL Trade Atlas 2025 report released March 12 in collaboration with the New York University Stern School of Business.

Global trade volumes, which measure the actual quantities of goods traded while holding prices constant, are anticipated to grow at a compound annual rate of 3.1 percent from 2024 to 2029, the report said.