After a year of Trump, who are the winners and losers from US tariffs?
- Written by Prachi Agarwal, Research Fellow in International Trade Policy, ODI Global

During the 2024 presidential campaign, Donald Trump promised to ease economic pressures on households and restore US economic strength. Central to that promise was the claim that tariffs would revive manufacturing and rebalance trade in America’s favour. Once in office, the second administration quickly made trade policy – especially...







