As the U.S. prepares for a potential shift toward more aggressive trade policies under a new administration, experts are sounding alarms—and sparking debates—about the ripple effects on global markets. With protectionism on the rise, could the world see renewed trade wars, supply chain chaos, or a reshaped global economic order? 🚨
Experts Weigh In: Risks & Opportunities
In a recent panel hosted by CGTN’s BizTalk, economists and strategists dissected the stakes. Joël Ruet of The Bridge Tank warned that \"unilateral tariffs could destabilize decades of trade frameworks,\" while Warwick Powell highlighted Asia’s role as a \"balancing force\" amid U.S.-China tensions. Professor Xing Yuqua added that tech decoupling might slow innovation globally, calling it a \"lose-lose scenario.\"🎙️
Global Governance at a Crossroads 🌍
Liu Baocheng stressed the urgency for multilateral cooperation, arguing that fragmented policies could deepen inequalities. Meanwhile, emerging economies brace for volatility in commodities and currencies. Could this accelerate moves toward de-dollarization or regional trade blocs? 🤔
One thing’s clear: 2024’s economic playbook will demand agility—from investors, policymakers, and businesses alike. Stay tuned. 📈
