Allianz安联：2025年全球贸易调查报告：贸易战、贸易协议及其对企业的影响（英文版）

The unpredictability of US trade policy has dented exporters’ confidence: 42% of exporting companies now anticipate turnover to decline between -2% and -10% over the next 12 months – compared to fewer than 5% before “Liberation Day”. Conducted across approximately 4,500 companies in China, France, Germany, Italy, Poland, Singapore, Spain, the UK and the US in two waves over March and April 2025, the Allianz Trade Global Survey reveals that close to 60% of firms expect a negative impact from t