Zero Equilibrium® Macro Insight: The Return of Trade Policy as a Market Driver For much of the post-Cold War period, global trade was largely driven by market liberalization, falling tariffs, and expanding multilateral cooperation.lz under the then General Agreements in Trade and Tarris. Economic globalization created interconnectedness built in synergies ilfrom economic partnerships. Demand changed vakuez and policy interventions effects on trade lessened, or skewed towards market access and openness. Government Policies Back in Play? In 2025, government policies have become more dominant in driving trade flows m, following the mercantile-ie trade debacle. Most notably the two largest economies China and US. In our July, 2 2025 Article titled: “Re: US China Trade War, Winners and Losers, and Implications for the Global Economy ” [See Link 👉🏾👉🏾👉🏾 👉🏾 https://t.co/hvaQfmdeQ6 ] here we highlighted the divergence in policy approach. 1/5