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While the US is Mired in Tariff Wars, New Trade Relations Are Being Forged on the Sidelines

By QIMA

The global trade sentiment in Q2 2025 has been largely dominated by the recent fundamental shifts in US trade policy. However, even as tariff shocks rattle global supply chains, long-term sourcing trends remain in effect.

As brands, governments and consumers navigate the fallout of the ongoing trade wars, QIMA’s newest barometer report examines how short-term sourcing fluctuations fit into the big picture of global trade.

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