Technology-Related Surge Helps Offset Tariff-Driven Drain In Global Industrial Production
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PIMCO2.62K FollowersFollow5ShareSaveCommentsSummaryTechnological transformation is lifting global activity despite elevated U.S. tariffs and persistent policy uncertainty.Similar to the surprisingly resilient pace of U.S. economic growth in 2025, global trade and industrial production have also remained robust this year.Data suggest this surprising strength in global production – at least in aggregate – is driven heavily by production of computers and components tied to AI infrastructure investment.Not every country is benefiting equally from the AI investment theme, but several Asian economies, including Taiwan, Japan, South Korea, and China, have seen meaningful gains in industrial production alongside the U.S. Vladimir Zapletin/iStock via Getty Images Technological transformation is lifting global activity despite elevated U.S. tariffs and persistent policy uncertainty. Here are five charts that help illustrate this crucial macroeconomic trend. Similar to the surprisingly resilient pace of U.S. economic growthThis article was written byPIMCO2.62K FollowersFollowPIMCO is a global leader in active fixed income. With our launch in 1971 in Newport Beach, California, PIMCO introduced investors to a total return approach to fixed income investing. In the 50 years since, we have worked relentlessly to help millions of investors pursue their objectives – regardless of shifting market conditions. As active investors, our goal is not just to find opportunities, but to create them. To this end, we remain firmly committed to the pursuit of our mission: delivering superior investment returns, solutions and service to our clients. Visit PIMCO’s blog.
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