Despite increasing tariffs and trade tensions, global trade continues to expand and set records. One year after President Donald Trump's tariffs, world trade demonstrates remarkable resilience, even though the pace of expansion may slow this year. Cecilia Malmström, former European commissioner for trade, notes that trade adapts, finding new ways to overcome governmental obstacles. The new trade order is complex, further complicated by the U.S. Supreme Court's decision against some tariffs imposed by Mr. Trump. While nations are unlikely to abandon trade with the U.S. and China entirely, they are actively diversifying to reduce risk. The pressure to diversify, particularly from the U.S., is accelerating this trend. An example is the European Union's long effort to finalize a trade agreement with Mercosur. Nations are prioritizing diversification to navigate uncertainties, even as trade with major economies like the U.S. and China persists, with the two still trading over $400 billion last year.