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Current State of Tariffs

Tariffs and trade represent the largest category of tracked geopolitical signals at 54 signals, indicating the ongoing nature of this dispute. Recent analysis has identified significant tariff evasion patterns, as diverging U.S. China trade data continues to point to circumvention efforts that complicate any clear resolution.

Broader Trade Friction

The trade conflict has expanded beyond bilateral U.S. China dynamics. Current trade tensions now extend to Canada, reflecting a wider pattern of protectionist measures across North America. These escalating disputes are affecting consumer prices, with grocery bills emerging as a visible pressure point for American households.