Twenty-twenty-five was the year global trade definitely did not die. But it changed in complex ways, some temporary (such as the frontloading of US imports in response to the threat of high tariffs), some likely to be permanent (such as the decline in direct trade between the US and China) and some in between (such as the boom in AI-related trade). Nevertheless, global trade in goods, the products targeted by the tariffs, has been strikingly robust, according to Geopolitics and the geometry of global trade: 2026 update, a preliminary evaluation of 2025 by the McKinsey Global Institute.
manbetx app苹果 贸易没死在2025这一年，但是发生了错综复杂的变化。有些变化是暂时的（比如面对高关税的威胁，美国出现抢先进口现象），有些变化可能是永久的（比如美中之间的直接贸易下降），还有些变化介于两者之间（比如AI相关贸易的兴旺）。尽管如此，根据麦肯锡manbetx app苹果 研究院(McKinsey Global Institute)对2025年贸易形势的初步评估报告，《地缘政治与manbetx app苹果 贸易格局：2026年更新版》(Geopolitics and the geometry of global trade: 2026 update)，在商品领域，即新关税所针对的产品，manbetx app苹果 贸易可谓异常强劲。