As U.S. tariffs send shockwaves through global markets, business leaders are rallying for smarter trade strategies—and collaboration is their rallying cry. Leaders from the French, Canadian, Mexican, and Singaporean chambers of commerce in China recently shared insights with CGTN, emphasizing multilateral cooperation as the antidote to rising protectionism.
Why it matters: Stiff tariffs risk fragmenting supply chains and inflaming economic uncertainty. But chamber heads argue that adaptive policies—like diversifying markets and tech-driven solutions—could turn the tide. Think of it as a high-stakes game of chess, where every move impacts jobs, innovation, and your morning latte’s price.
One French exec highlighted the need for ‘resilient partnerships,’ while a Singaporean leader praised the Chinese mainland’s role in stabilizing regional trade. Meanwhile, North American reps stressed balancing competition with shared goals—like greener economies.
The takeaway? In a world where TikTok trends and trade wars collide
, these leaders say teamwork isn’t just nice—it’s survival mode. Will governments listen? Stay tuned.
Reference(s):
Business leaders advocate for trade cooperation amid U.S. tariffs
cgtn.com