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Global change in long-run real GDP from U.S. trade tariffs through January 19, 2026, by country

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Source

Release date

January 2026

Region

North America, Canada, China, Japan, Mexico, United Kingdom, United States, EU

Survey time period

January 19, 2026

Supplementary notes

*All other countries

**Countries with a comprehensive free trade agreement with the U.S.

Citation formats

Global impact of U.S. tariffs on long-term real GDP January 2026, by country

Published by ÌÇÐÄÆƽâ°æ Research Department, Feb 5, 2026

As new U.S. trade tariffs continue through January 2026, the United States stands to suffer most with a **** percentage point loss to long-term real GDP. By comparison, China was estimated to lose **** percentage points. On the other hand, the United Kingdom was expected to benefit the most from U.S. trade policy, gaining *** percentage points to long-term real GDP.

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