💨 Abstract

The article discusses the shifting global trade dynamics, highlighting that China's role as the world's labor capital and the U.S. and Europe's roles as financial engines are waning due to demographic and economic stresses. China's plummeting birth rate and the U.S.'s rising debt signal these changes. Trump's tariffs were a trigger, but deeper structural issues caused the disruption.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖