More
    HomeAsian politicsAs Trump returns, Asia prepares to pay the price for reprise of...

    As Trump returns, Asia prepares to pay the price for reprise of ‘America First’ policy

    Published on

    Asia-Pacific nations are bracing themselves for a reprise of “America First” under a second Donald Trump presidency, which experts say may pack fewer surprises but make them pay more for their defence and exports – while sharing the bill for a US retreat from common climate goals.

    Eight years ago, Trump’s first term brought shock and unpredictability as he yanked the US from trade and climate deals, and imposed damaging tariffs on China that rerouted global supply chains. He also shunned Asian allies at diplomatic forums as the US stepped back from global leadership.

    Summits with North Korean leader Kim Jong-un hogged headlines but yielded little as Trump hooked his four-year term to a mercurial, transactional approach to geopolitics and an unshakable faith in his ability to secure the deals America wanted.

    But a return of the 78-year-old to power signals that America’s experiment with isolation is in fact a long-term directional change, analysts say.

    This time, however, Asian leaders should be better placed to navigate the tremors to come.

    “He [Trump] is going to try and do everything possible to promote American interests at the expense of other nations,” said Biswajit Dhar, distinguished professor at the Council for Social Development. “With the mandate he has got, he will do it with additional gusto.”

    A ship at the container terminal in Port Klang near Kuala Lumpur, Malaysia. Trump has pledged to impose a 10 per cent tariff on imports from all countries. Photo: Shutterstock

    Source link

    Latest articles

    Indian stock market: 10 things that changed for market overnight – Gift Nifty, Maharashtra exit polls to Nvidia earnings

    Indian stock market: The domestic equity market indices, Sensex and Nifty 50, are expected...

    LA votes to become a sanctuary city – AsAmNews

    The Los Angeles City Council approved an ordinance on Tuesday that will officially make...

    More like this

    Why militarist leaders dominate Southeast Asia’s politics – DW – 11/20/2024

    Communist-ruled Vietnam last month appointed Luong Cuong, a military general and former director of...

    Why Southeast Asia should be concerned about North Korean troops in Russia

    The arrival of thousands of North Korean troops in Russia represents a serious escalation...