
Beyond Tariffs: The New Multipolar Trade Web
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It has been just over a year since President Trump’s “Liberation Day” global tariff announcement. Since then, the global trade landscape has shifted as countries hedged against their traditional dependence on the U.S. market. Driven by the increasing use of trade as a political weapon and constant tariff disputes, long-time allies like Canada, the UK, and the EU are now diversifying their trade partnerships as evidenced by landmark moves like the new EU-India trade deal and recent diplomatic pivots toward China. How is the web of trade alliances being re-woven and…
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