As the new U.S. administration takes charge, global markets are preparing for a potential storm of protectionist policies. With President Trump’s second term set to begin on January 20, experts warn of radical trade shifts that could reshape supply chains, inflame geopolitical tensions, and challenge international cooperation. 🌍⚡
What’s at Stake?
CGTN’s BizTalk panelists, including Joel Ruet (The Bridge Tank), Warwick Powell (Queensland University of Technology), and economics professor Xing Yuqing, unpacked the risks and opportunities:
🇺🇸 \"America First\" Reloaded: Stricter tariffs, reshoring industries, and renegotiated trade deals could disrupt markets from Asia to Europe.
🔄 Supply Chain Realignments: Companies may accelerate moves to diversify production away from China, but experts caution this isn’t a quick fix.
🤝 US-China Dynamics: Liu Baocheng (University of International Business and Economics) emphasized ethical trade practices as tensions simmer.
Youth Impact Alert 🚨
Students and young professionals globally could face a double-edged sword: new tech investment in green energy vs. rising costs for consumer goods. Meanwhile, startups eye Southeast Asia and India as alternate hubs.
Warwick Powell put it bluntly: \"The rules-based order is fraying. For Gen Z, adaptability will be the ultimate career skill.\" 💡
