Global Reports

The unpredictability of US trade policy has dented exporters’ confidence: 42% of exporting companies now anticipate turnover to decline between -2% and -10% over the next 12 months – compared to fewer than 5% before “Liberation Day”.

Effective for 90 days (until 12 August), the US will reduce its effective import tariff rate on China from 103% to 39% – but this is still higher than the 13% rate before President Trump’s second term and the highest rate applied on any trade partner. Its global rate declines from 21% to 12%. In response, China will cut its tariffs on US goods from nearly 140% to 24%.

The US has kicked off a full-fledged trade war: On 2 April, US president Donald Trump announced “reciprocal” tariffs that exceeded expectations, with products imported from China set to be taxed at a staggering 130% from 10 April.

The semiconductor industry is recovering, with AI, 5G, and data centers driving demand. Explore key trends, electronics market risks, insolvency concerns, and global supply chain shifts. Get expert insights on the trillion-dollar chip market—download the full report now.

Explore the effects of US tariffs on global trade, including risks to China, Canada, Mexico, and emerging markets, amidst weaker export prices and currency fluctuations.

In our latest Economic outlook 2025-26 update, Allianz Trade reveals global real GDP growth is expected to remain moderate but steady at +2.8% . Policy designers will be very influential. Inflation should finally retreat to 2% in 2025.

The second edition of our flagship country risk report provides an overview of the risks to businesses from the domestic and international environment in 2025.

In its latest Global Insolvency Report, Allianz Trade reveals a more severe outlook for the global business landscape, with insolvencies projected to climb by +11% in 2024