Bruno S. Sergi & Mona Pearl

Global South Can Gain as Trump Tariffs Redraw Global Power Map

President Donald Trump signs an Executive Order on the Administration’s tariff plans at a “Make America Wealthy Again” event, Wednesday, April 2, 2025, in the White House Rose Garden. (Official White House Photo by Daniel Torok) See also File:2025-April-02-Reciprocal tariffs (left half).jpg, cc White House / https://commons.wikimedia.org/wiki/File:Trump_showing_a_chart_with_reciprocal_tariffs.jpg

Trump's tariff diplomacy seeks to undermine and remake the postwar trade order. The irony is that, while intended to maintain US dominance, the strategy may accelerate the redistribution of economic power to emerging economies, leading to the transition to a multipolar world.

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