Opportunities outside the U.S. stock market

As the US government under Donald Trump threatens the world with tariffs, I don’t see market volatility going down anytime soon. We will likely continue to see huge downturns in the US stock market continue for the next 6 months, as these tariffs aren’t even fixed. Trump adds them and removes them as he pleases, creating a lot of uncertainty for many businesses.

As such, I have started looking outside the US stock market for better opportunities. There will never be opportunities as good as the US stock market, as it has the largest trading volume and is also the most valuable stock market. But as the world becomes more industrialised, it’s a global market and there’s increasingly more opportunities everywhere.

I’m currently ruling out Europe and the rest of North America for now. The tariffs are directed to these nations and it doesn’t look like it’s going stop anytime soon. China used to be a good alternative but I think we’re gonna see a lot of tariffs towards it by Trump soon, I wouldn’t invest in it. Plus, it’s pretty restrictive on who can invest and how much.

Most western nations are somehow the prime target of Trump, so Australia and New Zealand will likely be affected soon too. Plus, their economies are pretty small, with only a few niche exports (mostly natural resources). I just know Japan and South Korea are next, Trump won’t spare them and has talked many times about tariffing them hard.

I’ve been looking at South East Asia, the Middle East, South America and Africa. I know these are emerging economies but I’m grasping at thin air here. The US economy looks like it’s gonna be going down a while and it’s gonna bring every other major economy with it. It truly looks like the unravelling of free trade agreements happening in real time.

Anyone who’s looked into stocks from these regions, what are some good ones to invest in, and what industries in particular should I look for?