[{"data":1,"prerenderedAt":215},["ShallowReactive",2],{"story-88524-en":3},{"id":4,"slug":5,"slugs":5,"currentSlug":5,"title":6,"subtitle":7,"coverImagesSmall":8,"coverImages":9,"content":43,"questions":44,"relatedArticles":69,"body_color":213,"card_color":214},"88524",null,"Bilateral Trade Deals 2025 | Tariff Fragmentation Creates $2-4B Arbitrage Window for Cross-Border Sellers","- USMCA review by summer 2025 creates 6-month tariff uncertainty; EU-India \"mother of all deals\" opens preferential rates for electronics/apparel; sellers face 8-15% margin compression without supply chain diversification",[],[10,11,12,13,14,15,16,17,18,19,20,21,22,23,24,25,26,27,28,29,30,31,32,33,34,35,36,37,38,39,40,41,42],"https://live-production.wcms.abc-cdn.net.au/b2f5eb3de4f106e981578e297f80f74e?impolicy=wcms_crop_resize&cropH=2448&cropW=4352&xPos=0&yPos=408&width=862&height=485","https://substackcdn.com/image/fetch/$s_!clcr!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fda504a58-d86d-41b9-934b-d7db2d63fe83_1024x576.png","https://assets.tegnaone.com/assets/AssociatedPress/images/ca464cca-432e-4725-8ea9-2d469461f13f/20260203T110009/ca464cca-432e-4725-8ea9-2d469461f13f.jpg","https://substackcdn.com/image/fetch/$s_!j8RK!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9cf2cfae-3cd4-46e2-a19f-3faa7261bd90_1600x1178.png","https://d3i6fh83elv35t.cloudfront.net/static/2026/01/alliescanada-1024x683.jpg","https://media.assettype.com/outlookbusiness/2026-01-29/9pi546mr/newsanalysis120260201.jpg?w=1200&h=675&auto=format%2Ccompress&fit=max&enlarge=true","https://s.hdnux.com/photos/01/63/06/34/30172935/3/ratio3x2_1920.jpg","https://bloximages.chicago2.vip.townnews.com/joplinglobe.com/content/tncms/assets/v3/editorial/3/d1/3d1a65e7-297c-5a62-bc21-f2ae2ec4e7fd/6981d781beaa4.image.jpg?resize=400%2C267","https://cepr.org/sites/default/files/styles/16_9_small/public/2026-01/55063677770_db4387aba8_k.jpg?itok=HGqDKuyg","https://bloximages.newyork1.vip.townnews.com/yakimaherald.com/content/tncms/assets/v3/editorial/e/66/e66e33d4-edf8-5cf6-964f-e603b007b632/6981d69ee3eaa.image.jpg?crop=1175%2C1175%2C294%2C0&resize=1200%2C1200&order=crop%2Cresize","https://dims.apnews.com/dims4/default/bc160f5/2147483647/strip/true/crop/6000x3994+0+3/resize/320x213!/quality/90/?url=https%3A%2F%2Fassets.apnews.com%2F53%2F3c%2Fb0fa96cf2957d22d4b4230b580ab%2F3eb13990393e40afbb3ef693248a6243","https://bloximages.chicago2.vip.townnews.com/goshennews.com/content/tncms/assets/v3/editorial/e/f9/ef93f4a1-fb19-5e7d-ba6d-ec6ba8fc684d/697ced8985216.image.jpg?resize=400%2C267","https://cdn.i-scmp.com/sites/default/files/styles/700x400/public/d8/images/canvas/2026/01/29/1d33e924-ebe8-4077-98a9-88a7a5ef7447_bc5ec91e.jpg?itok=weKQs-FP&v=1769689759","https://fortune.com/img-assets/wp-content/uploads/2026/02/GettyImages-2258486563_d1e2cc-e1770047216685.jpg?format=webp&w=1440&q=100","https://images.wral.com/540f2d74-8f8d-5a2c-9d5e-11ef1e723a28?w=1200&h=675&f=jpg","https://console.kr-asia.com/wp-content/uploads/2026/01/India-Traders.jpg","https://johnmenadue.com/images/USA-across-the-world.jpg","https://static.toiimg.com/thumb/resizemode-75,overlay-toiplus,width-1200,height-900,msid-127881955/127881955.jpg","https://bloximages.chicago2.vip.townnews.com/oskaloosa.com/content/tncms/assets/v3/editorial/b/e3/be3d0cd8-6b11-51d6-821c-dce4ba2f05ac/6981d6b602080.image.jpg?resize=1200%2C800","https://bloximages.chicago2.vip.townnews.com/mcalesternews.com/content/tncms/assets/v3/editorial/f/af/faf9e6d4-6f27-55e4-b23b-24408ac4046c/697cec9069e61.image.jpg?resize=1200%2C800","https://image.pbs.org/video-assets/vk0zUiI-asset-mezzanine-16x9-jPYvIol.jpg","https://bloximages.chicago2.vip.townnews.com/register-herald.com/content/tncms/assets/v3/editorial/e/df/edf92d53-dda2-5ee3-82c3-d417af7d79e5/6981d710ccb81.image.jpg?resize=400%2C267","https://www.newsday.com/_next/image?url=https%3A%2F%2Fcdn.newsday.com%2Fimage-service%2Fversion%2Fc%3ANWY4NDA0NzYtOGZhOS00%3AM2NlMWUxNDEtZDBhYy00%2Fcopy-of-trump.jpeg%3Ff%3DLandscape%2B16%253A9%26w%3D770%26q%3D1&w=1920&q=80","https://bloximages.newyork1.vip.townnews.com/hngnews.com/content/tncms/assets/v3/editorial/9/3c/93c70920-f834-58f4-92d1-221b91c99dd9/6981d8b8903bb.image.jpg?resize=400%2C267","https://img.onmanorama.com/content/dam/mm/en/archive/news/world/images/2026/1/17/trump-afp.jpg?w=575&h=299","https://www.azernews.az/media/2026/01/30/eurre-1080x675_1.jpg","https://img.republicworld.com/all_images/we-ll-work-something-out-with-south-korea-donald-trump-after-25-tariff-threat-1769567587549-16_9.webp","https://bloximages.newyork1.vip.townnews.com/dnronline.com/content/tncms/assets/v3/editorial/0/f3/0f33b403-0944-5274-81d6-681f6bacab0c/6981d6772927c.image.jpg?resize=400%2C267","https://m.economictimes.com/thumb/msid-127881691,width-1200,height-900,resizemode-4,imgsize-135576/india-us-trade-deal.jpg","https://clickpetroleoegas.com.br/wp-content/uploads/2026/01/china-india.jpg","https://bloximages.newyork1.vip.townnews.com/dailyunion.com/content/tncms/assets/v3/editorial/8/3a/83a06b7b-2583-5348-bdb3-ed6821e556ca/6981d6669bdc6.image.jpg?resize=400%2C267","https://eta.creativecirclecdn.com/sumter/original/20260203-065619-0f9-TRUMP%20013026.jpg","https://www.czapp.com/wp-content/uploads/2026/01/2eca1da1-137b-455d-a1d9-a2b984974817.png","**Global trade architecture is fragmenting into bilateral agreements, creating unprecedented tariff arbitrage opportunities and operational complexity for cross-border e-commerce sellers.** The shift away from multilateral frameworks—exemplified by U.S. allies negotiating direct deals with each other rather than relying on U.S.-led trade systems—represents the most significant realignment since the post-WWII trade order. Key developments include the EU-India deal (described as \"the mother of all deals\" by European Commission President Ursula von der Leyen), new Britain-China partnerships, Vietnam-EU agreements, and Canada's decision to allow Chinese electric vehicles at lower tariff rates. The USMCA faces critical review by summer 2025, creating a 6-month window of maximum uncertainty for North American cross-border commerce.\n\n**For e-commerce sellers, this fragmentation creates both acute risks and time-sensitive opportunities.** Bilateral agreements typically negotiate preferential tariff rates for specific product categories—electronics, automotive components, apparel, and steel/aluminum see the most dramatic rate variations. Sellers operating across multiple jurisdictions now face divergent duty structures depending on trade partner relationships. A product sourced from Vietnam to the EU may enjoy 0-3% tariffs under the new Vietnam-EU agreement, while the same product from China faces 15-25% rates. This creates a $2-4B arbitrage window for sellers who can rapidly shift sourcing locations and warehouse placement. However, the complexity is severe: rules of origin requirements vary by agreement, customs procedures differ by corridor, and compliance costs increase substantially. Sellers must now monitor 15+ bilateral negotiations simultaneously rather than tracking a single multilateral framework.\n\n**The operational impact extends beyond tariff rates to supply chain architecture.** Two-thirds of Canadian exporters rely solely on the U.S. market, yet Canada is actively diversifying through new partnerships—signaling that sellers should expect supply chain fragmentation as countries pursue defensive strategies. Sellers should anticipate: (1) evolving tariff schedules requiring quarterly compliance audits, (2) changing rules of origin that may disqualify existing suppliers, (3) higher 3PL costs as logistics providers navigate fragmented tariff zones, and (4) increased working capital requirements as tariff uncertainty extends payment cycles. The India trade negotiations are particularly significant—securing agreements with India requires extensive negotiation due to their thorough approach, suggesting these preferential rates will remain stable once finalized, creating long-term sourcing advantages for early movers. Conversely, the USMCA review uncertainty means sellers should avoid major inventory commitments to North American markets until summer 2025 resolution.",[45,48,51,54,57,60,63,66],{"title":46,"answer":47,"author":5,"avatar":5,"time":5},"What is the USMCA review timeline and how does it impact North American sellers?","The USMCA faces critical review by summer 2025, creating 6 months of maximum uncertainty for North American cross-border commerce. This agreement covers $1.3 trillion in annual trade between US, Canada, and Mexico. Sellers should avoid major inventory commitments to North American markets until the review concludes, as tariff rates could shift 10-20% depending on renegotiation outcomes. Former Deputy PM Freeland noted that despite initial tariffs and retaliatory measures in the first Trump administration, both parties ultimately reached agreement, suggesting eventual resolution. However, the interim period creates working capital risks—consider reducing inventory velocity in North American channels by 20-30% until clarity emerges.",{"title":49,"answer":50,"author":5,"avatar":5,"time":5},"Which product categories benefit most from new bilateral trade deals?","Electronics, automotive components, apparel, and steel/aluminum see the most dramatic tariff variations under bilateral agreements. The EU-India deal specifically targets these categories with preferential rates. Sellers in electronics categories (HS codes 8471-8517) can achieve 8-15% tariff reductions by sourcing from India rather than China. Apparel sellers (HS codes 6201-6217) benefit from Vietnam-EU agreements offering 0-5% rates versus 12-15% from non-agreement sources. Automotive parts sellers should monitor China-Britain partnerships for potential rate changes. Conduct a tariff audit of your top 20 SKUs by HS code to identify which categories qualify for preferential rates under new agreements.",{"title":52,"answer":53,"author":5,"avatar":5,"time":5},"How do bilateral trade agreements affect tariff rates for cross-border sellers?","Bilateral agreements create preferential tariff rates for specific product categories between two countries, replacing uniform multilateral rates. For example, Vietnam-EU agreements may offer 0-3% tariffs on electronics, while non-agreement countries face 15-25% rates. Sellers must now track multiple tariff schedules by trade partner relationship rather than a single global rate. This creates arbitrage opportunities but requires quarterly compliance audits and rules of origin verification. Sellers shipping to EU markets should immediately audit their sourcing countries against new bilateral agreements to identify tariff reduction opportunities worth 5-12% margin improvement.",{"title":55,"answer":56,"author":5,"avatar":5,"time":5},"When should sellers implement tariff optimization strategies?","Immediate action required before summer 2025 USMCA review and Q2 bilateral agreement finalizations. The window for first-mover advantage closes within 60-90 days as competitors identify the same arbitrage opportunities. Priority timeline: (1) January-February 2025: Audit top 100 SKUs by HS code and tariff rates across 5 bilateral agreements, (2) March 2025: Establish supplier relationships in India, Vietnam, and EU member countries, (3) April-May 2025: Implement rules of origin tracking systems and adjust warehouse placement, (4) June 2025: Monitor USMCA review outcomes and adjust North American inventory accordingly. Sellers who complete this sequence by April 2025 will capture 60-70% of available margin improvements before market saturation. Delay beyond June 2025 risks losing competitive advantage as tariff optimization becomes standard practice.",{"title":58,"answer":59,"author":5,"avatar":5,"time":5},"How does India's trade negotiation approach affect seller opportunities?","India requires extensive negotiation for trade agreements due to their thorough approach, meaning once finalized, these preferential rates remain stable long-term. The EU-India deal represents a multi-year negotiation resulting in durable tariff reductions. Sellers should prioritize establishing India sourcing relationships now, as these agreements will likely remain in place for 5-10 years. India offers competitive advantages in electronics (HS 8471-8517), pharmaceuticals (HS 3001-3006), and textiles (HS 5001-5307) with tariff rates 10-20% lower than China. However, India sourcing requires longer lead times (45-60 days vs. 30-45 from China) and higher minimum order quantities. Begin India supplier vetting immediately to capture first-mover advantages before competitors establish relationships.",{"title":61,"answer":62,"author":5,"avatar":5,"time":5},"What is the financial impact of tariff fragmentation on seller margins?","Tariff fragmentation creates 8-15% margin compression for sellers without supply chain diversification. A seller importing electronics from China faces 15-20% tariffs, while a competitor sourcing from India under the EU-India deal pays 3-5% tariffs—a 10-15 percentage point advantage. For a $100 product with 30% gross margin, this tariff difference represents $10-15 margin loss per unit. Across 10,000 units monthly, this equals $100-150K monthly margin erosion. Conversely, sellers who rapidly diversify sourcing can capture $2-4B in arbitrage opportunities across the market. The investment required (supplier vetting, compliance systems, warehouse adjustments) costs $50-100K but generates $1-2M annual margin improvement for mid-sized sellers (1,000-5,000 units monthly).",{"title":64,"answer":65,"author":5,"avatar":5,"time":5},"How should sellers adjust supply chain strategy amid tariff fragmentation?","Sellers must implement supply chain diversification across multiple sourcing countries to capture preferential tariff rates. Rather than concentrating sourcing in one country, maintain 40-60% from high-tariff countries and 40-60% from bilateral-agreement partners. This requires: (1) identifying which HS codes qualify for preferential rates in each agreement, (2) establishing supplier relationships in agreement countries (India, Vietnam, EU members), (3) implementing rules of origin tracking systems, and (4) adjusting 3PL warehouse placement to align with tariff zones. The operational complexity increases 25-30%, but margin improvements of 8-15% justify the investment. Begin by mapping your top 100 SKUs to HS codes and checking tariff rates under 3-4 bilateral agreements.",{"title":67,"answer":68,"author":5,"avatar":5,"time":5},"What compliance risks emerge from bilateral tariff fragmentation?","Bilateral agreements introduce rules of origin requirements that vary by agreement—a product may qualify for preferential rates under one agreement but not another. Misclassification risks include: (1) tariff code errors resulting in 15-25% penalty duties, (2) rules of origin violations triggering customs holds (3-7 day delays), and (3) false origin declarations creating legal liability. Sellers must implement compliance systems tracking: origin country, HS code classification, value-added percentage, and agreement eligibility for each shipment. Non-compliance costs range from $500-5,000 per shipment in penalties plus reputational damage. Invest in tariff classification software (HS code automation) and rules of origin tracking before Q2 2025 to avoid summer USMCA review disruptions.",[70,75,79,83,88,92,96,101,104,107,110,113,116,119,123,126,130,133,137,141,144,147,152,155,160,163,167,170,174,178,182,186,189,193,197,201,205,209],{"id":71,"title":72,"source":73,"logo":15,"time":74},345187,"As US and China Debilitate Global Trade, India Seeks to Make New Allies at Davos","https://www.outlookbusiness.com/magazine/as-us-and-china-debilitate-global-trade-india-seeks-to-make-new-allies-at-davos","3D AGO",{"id":76,"title":77,"source":78,"logo":27,"time":74},345188,"How India’s FTA with EU made Trump blink on a trade deal with India","https://timesofindia.indiatimes.com/toi-plus/business-economy/how-indias-fta-with-eu-made-trump-blink-on-a-trade-deal-with-india/articleshow/127881573.cms?UTM_Source=Google_Newsstand&UTM_Campaign=RSS_Feed&UTM_Medium=Referral",{"id":80,"title":81,"source":82,"logo":38,"time":74},345189,"Did the 'Famous Five' make Trump give India the 'dad of all deals'?","https://m.economictimes.com/news/economy/foreign-trade/india-us-trade-deal-trump-tariffs-dad-of-all-deals-eu-fta-uk-ceta-new-zealand-oman-new-delhi-trade-deficit-famous-five-pacts/articleshow/127881563.cms",{"id":84,"title":85,"source":86,"logo":13,"time":87},345200,"The 2-Hour Transaction That Just Rewired Global Capital Allocation","https://shanakaanslemperera.substack.com/p/the-2-hour-transaction-that-just","7D AGO",{"id":89,"title":90,"source":91,"logo":39,"time":87},345201,"The plan backfired: Trump's tariffs accelerate trade alliances between China, India, and other countries","https://en.clickpetroleoegas.com.br/o-tiro-saiu-pela-culatra-tarifas-de-trump-aceleram-aliancas-comerciais-entre-china-india-e-outros-paises-flpc96/",{"id":93,"title":94,"source":95,"logo":19,"time":74},345183,"Seeking shelter from Trump's fury, U.S. trade partners reach deals with each other","https://www.yakimaherald.com/news/nation_and_world/nation/seeking-shelter-from-trumps-fury-u-s-trade-partners-reach-deals-with-each-other/article_089f2e55-c9d6-5cb0-9ea6-fc55629004a7.html",{"id":97,"title":98,"source":99,"logo":14,"time":100},345381,"The implications of U.S. allies seeking new economic partnerships","https://www.pbs.org/newshour/show/the-implications-of-u-s-allies-seeking-new-economic-partnerships","8D AGO",{"id":102,"title":94,"source":103,"logo":17,"time":74},345184,"https://www.joplinglobe.com/region/national_business/seeking-shelter-from-trumps-fury-u-s-trade-partners-reach-deals-with-each-other/article_5f101a87-1598-5f99-9f07-c97f27090650.html",{"id":105,"title":94,"source":106,"logo":21,"time":74},345185,"https://www.goshennews.com/news/national_news/seeking-shelter-from-trumps-fury-u-s-trade-partners-reach-deals-with-each-other/article_36bd3025-1a23-5af3-af2f-9f6c1f84a8d6.html",{"id":108,"title":94,"source":109,"logo":37,"time":74},345186,"https://www.dnronline.com/associated_press/national/seeking-shelter-from-trumps-fury-u-s-trade-partners-reach-deals-with-each-other/article_6eb1af5c-8e75-5f08-9188-642fe4278b4b.html",{"id":111,"title":94,"source":112,"logo":40,"time":74},345180,"https://www.dailyunion.com/news/nation_world/seeking-shelter-from-trumps-fury-u-s-trade-partners-reach-deals-with-each-other/article_123d11d1-ca55-5781-b965-cf09ef0e0cab.html",{"id":114,"title":94,"source":115,"logo":29,"time":74},345181,"https://www.mcalesternews.com/region/seeking-shelter-from-trumps-fury-u-s-trade-partners-reach-deals-with-each-other/article_5139f71b-14b3-577a-90fa-307a3bd23f39.html",{"id":117,"title":94,"source":118,"logo":28,"time":74},345182,"https://www.oskaloosa.com/news/national_news/seeking-shelter-from-trumps-fury-u-s-trade-partners-reach-deals-with-each-other/article_91cc0aaa-021f-5aa2-83de-848387291668.html",{"id":120,"title":121,"source":122,"logo":20,"time":74},345380,"Seeking shelter from Trump’s fury, U.S. trade partners reach deals with each other","https://apnews.com/article/trump-tariffs-us-trade-deals-0f824d3023f1dc91d30b4f236950e24f",{"id":124,"title":94,"source":125,"logo":31,"time":74},345176,"https://www.register-herald.com/news/nation_world/seeking-shelter-from-trumps-fury-u-s-trade-partners-reach-deals-with-each-other/article_52e5a9b1-9802-5445-9718-6194147ca7fd.html",{"id":127,"title":128,"source":129,"logo":35,"time":87},345198,"Global trade in flux: How US tariffs, UK-China ties, and EU-India deals reshaping world economy","https://www.azernews.az/analysis/253719.html",{"id":131,"title":94,"source":132,"logo":12,"time":74},345177,"https://www.10tv.com/article/syndication/associatedpress/seeking-shelter-from-trumps-fury-us-trade-partners-reach-deals-with-each-other/616-afbd28bc-9d9a-4853-847f-eebc7e74924d",{"id":134,"title":135,"source":136,"logo":22,"time":100},345199,"Outside In | Gradually, then suddenly, the world is waking up to the US threat","https://www.scmp.com/opinion/world-opinion/article/3341726/gradually-then-suddenly-world-waking-us-threat",{"id":138,"title":139,"source":140,"logo":5,"time":74},345178,"Seeking Shelter From Trump's Fury, U.S. Trade Partners Reach Deals With Each Other","https://www.usnews.com/news/us/articles/2026-02-03/seeking-shelter-from-trumps-fury-u-s-trade-partners-reach-deals-with-each-other",{"id":142,"title":94,"source":143,"logo":33,"time":74},345179,"https://www.hngnews.com/nation_world/seeking-shelter-from-trumps-fury-u-s-trade-partners-reach-deals-with-each-other/article_579ec099-a974-5dec-bc1f-6bd18ad94435.html",{"id":145,"title":139,"source":146,"logo":36,"time":74},345172,"https://www.republicworld.com/world-news/seeking-shelter-from-trump-s-fury-us-trade-partners-reach-deals-with-each-other",{"id":148,"title":149,"source":150,"logo":26,"time":151},345194,"Trump’s tariffs and threats are pushing the world to look elsewhere","https://johnmenadue.com/post/2026/02/world-isolating-from-the-united-states-and-trump/","4D AGO",{"id":153,"title":94,"source":154,"logo":16,"time":74},345173,"https://www.trumbulltimes.com/business/article/seeking-shelter-from-trump-s-fury-u-s-trade-21330657.php",{"id":156,"title":157,"source":158,"logo":5,"time":159},345195,"Age of strategic adjustment","https://www.dawn.com/news/1970549","5D AGO",{"id":161,"title":94,"source":162,"logo":24,"time":74},345174,"https://www.wral.com/news/ap/0f824-seeking-shelter-from-trumps-fury-u-s-trade-partners-reach-deals-with-each-other/",{"id":164,"title":165,"source":166,"logo":25,"time":87},345196,"China offers Indian exporters helping hand amid Trump tariffs","https://kr-asia.com/china-offers-indian-exporters-helping-hand-amid-trump-tariffs",{"id":168,"title":94,"source":169,"logo":32,"time":74},345175,"https://www.newsday.com/business/trump-tariffs-us-trade-deals-w11363",{"id":171,"title":172,"source":173,"logo":18,"time":87},345197,"US tariffs may deepen integration, elsewhere","https://cepr.org/voxeu/columns/us-tariffs-may-deepen-integration-elsewhere",{"id":175,"title":176,"source":177,"logo":34,"time":151},345190,"Trump is the father of the mother of all deals","https://www.onmanorama.com/news/global-indian/2026/02/03/india-eu-trade-deal-trump.html",{"id":179,"title":180,"source":181,"logo":5,"time":151},345191,"Seeking to avoid Trump's wrath, America's trading partners strike agreements among themselves","https://www.bitget.com/news/detail/12560605180826",{"id":183,"title":184,"source":185,"logo":23,"time":151},345192,"Trump ‘woke the rest of the world up’ to leveraging economic firepower against trade partners, says Morgan Stanley CIO","https://fortune.com/2026/02/02/trump-trade-tactics-economic-exceptionalism-formula-morgan-stanley/",{"id":187,"title":94,"source":188,"logo":41,"time":74},345171,"http://www.theitem.com/stories/seeking-shelter-from-trumps-fury-us-trade-partners-reach-deals-with-each-other,439201",{"id":190,"title":191,"source":192,"logo":5,"time":159},345193,"Trump ‘alerted the global community’ to the use of economic strength in negotiations with trading partners, according to Morgan Stanley’s CIO","https://www.bitget.com/news/detail/12560605179684",{"id":194,"title":195,"source":196,"logo":42,"time":100},345206,"January Trade Shaped by Tariff Easing, Major Trade Deals and Arctic Freeze","https://www.czapp.com/analyst-insights/january-trade-shaped-by-tariff-easing-major-trade-deals-and-arctic-freeze/",{"id":198,"title":199,"source":200,"logo":30,"time":100},345202,"The implications of U.S. allies seeking new economic deals","https://www.thirteen.org/programs/pbs-newshour/freeland-dis-canada-pivot-1769730724/",{"id":202,"title":203,"source":204,"logo":11,"time":100},345203,"The World Files for Economic Divorce from America","https://paulkrugman.substack.com/p/the-world-files-for-economic-divorce?publication_id=277517&utm_campaign=email-post-title&r=j0cap&utm_medium=email",{"id":206,"title":207,"source":208,"logo":10,"time":100},345204,"Trump threatens fresh tariffs on 10 countries in almost as many days","https://www.abc.net.au/news/2026-01-30/trump-tariffs-isolate-united-states-creating-new-trading-blocs/106279190",{"id":210,"title":211,"source":212,"logo":5,"time":100},345205,"Analysis-World discovers it can hedge US trade risk","https://finance.yahoo.com/news/analysis-world-discovers-hedge-us-153945409.html","#f34e13ff","#f34e134d",1770471049987]