World Trade 2026: Trump Tariffs Will Trigger Global Recession and Logistics Chaos – Bloomberg
Analysts warn that Donald Trump’s tariffs will slow global GDP and overwhelm European ports. This will also lead to a massive overhaul of supply chains by companies.
The global economy is preparing for a “year of consequences”, when Donald Trump’s tariffs will directly slow global GDP and overwhelm European ports.
The main message of analysts: 2025 was the year of the tariff announcement, and 2026 will be a time of economic reckoning. Already, imports to the US have fallen by 8%, while flows of goods are being redirected to India, Latin America and Africa. According to OECD forecasts, trade wars could cause global output to fall by 0.3% and inflation to rise. Companies are being forced to massively overhaul their supply chains to circumvent the 10-40% tariffs imposed by Washington.
