President Donald Trump’s tariff policies are expediting China’s commerce and investment expansion in the developing countries of the Global South. Research conducted by S&P Global suggests that this trend could lead to the emergence of a new trade paradigm dominated by China. As the U.S. continues its tariff war, China is increasingly turning to the Global South for trade opportunities and economic partnerships, reshaping the traditional global trade landscape.
Trump Tariffs Fueling Shift Towards New China-Global South Trade Order
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