Ning Sun, a Senior Emerging Market Strategist at State Street Global Markets, delves into the often-ignored impacts of trade wars on developing economies. He discusses how U.S. tariffs could reshape Mexico's economy and the fears of foreign direct investment decline. The conversation includes the potential dangers for U.S. companies in Mexico and the semiconductor sector's vulnerability. Sun also highlights the geopolitical repercussions for Asian economies and the shifting dynamics in global partnerships, emphasizing the need for strategic foresight.