The Banking Executive Magazine - April 2025

INTRODUCTION New world alliances are rising in face of Tariffs policy by United States President Donald Trump. Trump's tariffs policy have reshaped the global trade landscape, prompting new geopolitical powers to emerge and adapt. The Samarkand Summit, held in April 2025, marked a signifi- cant milestone in European Union EU-Central Asia relations. The broader impact of Trump tariff policy is complex. While it can gen- erate significant revenue and poten- tially protect certain domestic sectors, it also bring ramifications for international trade relationships, the BANKING EXECUTIVE 8 ISSUE 196 APRIL 2025 GEOPOLITCAL ALLIANCES IN FACE OF NEW TARIFFS Geopolitcal Alliances In Face Of New Tariffs BY DR SOHA MAAD