How Global Trade Is Rewiring Around Regional Blocs

As the trade-weighted US dollar index hits 120.1 in June 2026 and geopolitical tensions flare, global trade is quietly shifting from a rules-based multilateral system to a patchwork of regional blocs. Lucas and Luna examine how the US-China tech decoupling, Europe's Carbon Border Adjustment Mechanism, and Southeast Asia's supply chain diversification are creating three distinct trading orbits. They drill into the numbers: EEM is up 3.2% this week, EWY has surged 6.4%, and EWW gained 4.8% — emerging markets are betting on regional self-reliance. The hosts also tie in the Iran deal uncertainty and Meta's AI pivot to show how geopolitical risk and technology competition are accelerating this fragmentation. Episode 52 of International Business with Fexingo. #GlobalTrade #RegionalBlocs #TradeFragmentation #USDIndex #EmergingMarkets #USChinaDecoupling #CBAM #SupplyChainDiversification #EEM #EWY #EWW #GeopoliticalRisk #Tariffs #TechnologyCompetition #AI #Business #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo