The biggest winners and losers of the tariff war as AI-related trade skyrockets

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The McKinsey Global Institute's report reveals that despite the US tariff war initiated by President Trump, global trade has continued to grow, with significant shifts in trade dynamics. US-China trade fell by 30%, but Southeast Asia and India gained market share as the US diversified its sourcing. AI-related trade surged, becoming a major driver of global trade growth. The EU faces challenges with widening trade deficits, particularly with China, and is attempting to diversify its trade relationships through new agreements.