The Trump-era steel and aluminum tariffs are reshaping global trade dynamics, pushing nations to turn to the Global South for alternatives. 🔄 With trade flows in regions like Latin America and Southeast Asia surging, experts argue this could be a golden opportunity for collaboration against economic pressures.
On BizTalk, CGTN’s Zheng Junfeng hosted a powerhouse panel: Luciano Campos (University of Buenos Aires), Fernando Brancoli (Federal University of Rio de Janeiro), and Marcos Cordeiro Pires (UNESP). Their take? The Global South must leverage its growing economic clout to counter tariff impacts. 💡
Key strategies? Strengthening regional trade pacts, investing in tech-driven supply chains, and boosting local manufacturing. Brancoli highlighted Brazil’s pivot to African and Asian markets as a model, while Campos emphasized digital economies as “the new frontier of trade resilience.” 🌐
Pires added: “Unity isn’t optional—it’s survival. From BRICS partnerships to ASEAN innovation hubs, we’re rewriting the rules.” Could this be the start of a more balanced global economy? 🤝 One thing’s clear: the Global South isn’t just reacting—it’s leading.
Reference(s):
cgtn.com