Emerging markets are betting on a post-tariffs winner — and it's not China or the U.S.

  • Emerging markets have found themselves between a rock and a hard place amid an escalating trade war, seemingly forced to choose between China and the U.S. UN Trade and Development (UNCTAD) Secretary-General Rebeca Grynspan told CNBC's Squawk Box this month that intra-regional trade is growing.