Our world is riding some serious tariff turbulence! Earlier this year, as Donald Trump returned to the White House with promises of "liberation," a surge in tariffs and zero-sum thinking took over. This meant U.S. farmers facing bankruptcy, factories shutting down, and consumers feeling the pinch 😓.
Across Asia and Europe, long-standing allies are rethinking their moves and exploring new partnerships. Meanwhile, China moves differently by dropping tariffs for 43 least-developed countries and strengthening ties with ASEAN, the EU, and the Global South—all while remaining firm yet open in its trade approach. It’s a vivid reminder that the future belongs to those who build bridges, not walls 🌏.
In this fast-changing global economy, our collective future depends on fostering smart collaborations and embracing innovative trade practices. What do you think about these shifts? Let’s keep the conversation alive and work together to build a more connected world!
Reference(s):
Watch: When tariffs fail the world, an anchor steadies the storm
cgtn.com
