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Peterson Institute for International Economics: Trump's Trade War Wrecked Little Havoc on Trade Patterns Last Year
February 05, 2026
WASHINGTON, Feb. 5 -- The Peterson Institute for International Economics issued the following commentary on Feb. 2, 2026, by senior research staffer Gary Clyde Hufbauer and research analyst Ye Zhang:

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Trump's trade war wrecked little havoc on trade patterns last year

President Donald Trump's trade wars, including his near universal tariffs of 10 percent or higher, set off a scramble among US trade partners last year that some experts predicte . . .

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