As U.S. tariffs ripple across the global economy, developing nations are stepping into the spotlight, challenging the West's 'major powers only' narrative. 🔥 A recent Global South Voices panel unpacked how unilateral trade policies are reshaping alliances—and why the Global South is no longer just a bystander.
Cash or Crash? 💸
'Tariffs aren’t solving problems—they’re outsourcing instability,' argued Einar Tangen of the Taihe Institute. Meanwhile, Pakistan Banks Association’s Muneer Kamal highlighted how developing economies are bypassing traditional trade routes, collaborating through regional deals and digital finance.
Made in the USA—But at What Cost? 🏗️
Can tariffs really revive U.S. manufacturing? Experts debated whether reshoring factories ignores the reality of globalized supply chains. Sudheendra Kulkarni, former director in India’s PM Office, noted: 'The Global South isn’t waiting for rescue. It’s building its own safety nets.'
China’s Global South Playbook 📘
As the U.S. ramps up protectionism, China’s expanding partnerships with Global South nations are fueling debates about a 'new solidarity model.' Yazini April of the Global South-North Centre called it a 'collaboration experiment'—one focused on tech, green energy, and infrastructure.
🌟 Key takeaway? The Global South is rewriting its role—from crisis manager to coalition builder.
