World Trade Without the US
www.cato.org

... As the Trump administration imposes a barrage of illegal and unprecedented tariffs on an ever-increasing number of imported products, the rest of the world is showing that it can continue trading despite these tariffs and without the United States.

Other countries are lowering trade barriers with each other by concluding new bilateral and plurilateral trade agreements, and exporters are reconfiguring supply chains to route around American protectionism.

Regardless of whether the United States remains indispensable to the global economy, international trade is still happening -- and it is happening increasingly without the United States. ...