Global trade is shifting as nations actively pursue regional agreements in Latin America, the Middle East, and ASEAN. Driven by a desire for enhanced economic cooperation and diversified partnerships beyond traditional Western markets, these deals focus on tariff reduction and increased market access.
Tariffs are shaking things up, and, with smart policy changes, better infrastructure, and expanding markets, we take a dive into which regions are quickly becoming the new go-to destinations for investors.
A growing number of global corporations—spanning tech, automotive, e-commerce, and luxury sectors—are shifting manufacturing hubs to South Asia and Latin America. This diversification is driven by the need to mitigate supply chain uncertainties against geopolitical trade tensions.