Betting on the Demise of Free Trade? Make Way for the New Players at the Table

Quick Summary:

While the future of multilateralism in trade remains uncertain, developing Asia is proving that the global trade order is still evolving.

In this new landscape, it is perhaps not Washington or Beijing, but a network of fast-growing, trade-driven economies that are quietly rewriting the rules of free trade.So, has the Trump 2.0 administration inadvertently led to a new global trade order in the making?

Most of this momentum is being led by Southeast Asian economies, with India fast growing into another focal point of trade policy movement in APAC.

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Article Details

Author / Journalist: Akanksha Sinha

Category: Economy

Markets: United StatesAustraliaCanadaChinaIndiaIndonesiaJapanSouth KoreaMalaysiaMexicoPhilippinesSingaporeTaiwanThailandUkraineUnited Arab EmiratesVietnam

Topics: Countries Trade India Free Southeast Developing Asia Global Economies Asean Year

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-22 @ 02:18:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: thediplomat.com

Language: English

Article Length: 3223 words

Reading Time: 18 minutes read

Sentences: 142 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Diplomat

News ID: 27235479

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