This article gives an interesting perspective on how emerging markets are capturing a larger share of the global market in the face of new de-liberalization in the developed world. The ability of these small countries to capitalize on the turmoil between China and the United States stems from the reduced transaction costs from international trade institutions like the WTO. These small nations benefit from being part of a global system of economic liberalization which results in there being little or no tariffs on their products. Because of this their products are able to fill the gaps in western markets made by the trade war with China which has seen a sharp rise in tariffs on Chinese consumer goods.
This phenomenon also illustrates the role of state policy in shaping global trade. The United States is constructing trade policy based more off its national strategic interests than purely economic policy making. This creates a situation where the global market is imbalanced and encourages trades that do not make the most economic since. In this way the nationalistic policies of the Trump administration have given developing nations a comparative advantage in terms of their commercial goods.