Tailwind: Resilient Trade at 50%+ GDP Through 2034

Trade grows 2.5% annually, outpacing GDP vs. consensus slowdown to 35% of GDP
Multi-nodal patchwork emerges with 4 trade hubs, redirecting rather than contracting flows
Supplier redundancy and nearshoring investments compound to reduce disruptions 30% by 2030
Geopolitical fragmentation stabilizes without escalating to full deglobalization

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