Trump Tariffs Seen Fostering New China-Global South Trade Order

The article discusses how President Donald Trump's tariff war is accelerating China's trade and investment efforts in developing nations, known as the Global South. According to research by S&P Global, this could lead to the creation of a new trade order dominated by Chinese firms. The tariff war initiated by Trump has prompted China to seek new markets and opportunities, particularly in the Global South. This has resulted in increased Chinese trade and investment in these regions, potentially challenging the existing global trade dynamics. The research suggests that this shift could reshape the global trade landscape, with Chinese companies and influence becoming more prominent in the developing world. This could have significant implications for the balance of economic and geopolitical power on a global scale. The article highlights the potential for a new China-centric trade order to emerge, as a result of the Trump administration's trade policies and China's strategic response to them.