U.S. tariffs imposed under President Trump could lead traditional allies to deepen ties with nations like China and India. Wendy Cutler, a former U.S. diplomat, highlights the potential for the EU considering the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). This development requires careful attention as regional dynamics shift, impacting global trade relationships. Investors should prepare for potential changes in international alliances that stem from these tariff policies.