A Brief Assessment of the Asian Countries' Gains from Donald Trump's Whirlwind Tour
As the US President concluded his whirlwind tour of Asia, with stops in Malaysia, Japan and South Korea, a question still lingers: what tangible benefits did these countries derive from their encounters with the American leader? While trade agreements were secured by Malaysia, Thailand, Cambodia, Vietnam, and Japan, experts are divided on whether these deals will yield substantial rewards for the nations involved.
Malaysia emerged as one of the primary beneficiaries of Trump's visit, securing a framework to diversify its critical minerals supply chain. However, analysts like William Yang, senior analyst for North-East Asia at the Crisis Group, point out that the lack of immediate reciprocity from the US on tariffs may indicate that trade agreements are more about implementation than concrete results.
In contrast, Thailand and Cambodia obtained an expanded ceasefire agreement with Trump's assistance in brokering a resolution to their deadly border conflict. While some have dismissed this as merely a gesture of goodwill, others see it as a strategic move by the US to position itself as a global peacemaker. However, critics argue that such efforts are often overshadowed by America's own contentious actions abroad.
Japan also secured an agreement with Trump on securing the mining and processing of rare earths and other minerals, a critical issue due to China's export ban. Crisis Group analyst William Yang suggests that Prime Minister Sanae Takaichi's "charm offensive" strengthened her country's relationship with the US. However, critics argue that Japan's reliance on trade agreements may be limited by its own economic vulnerabilities.
The most significant outcome of Trump's visit may have been his securing a $350 billion trade deal with South Korea. While some experts praise this as a bold move to strengthen ties between the two nations, others raise concerns about the potential implications of South Korea's decision to commission nuclear-powered submarines, which could set off a chain reaction in North-East Asia.
Ultimately, it remains unclear whether these trade agreements will yield lasting benefits for the countries involved. As Leif-Eric Easley, professor at Ewha Womans University in Seoul, noted, "Apec is meant to be more than a venue for a trade war truce." With Trump's absence from the APEC meeting, China is now poised to promote itself as the region's preferred trading partner.
As the US President concluded his whirlwind tour of Asia, with stops in Malaysia, Japan and South Korea, a question still lingers: what tangible benefits did these countries derive from their encounters with the American leader? While trade agreements were secured by Malaysia, Thailand, Cambodia, Vietnam, and Japan, experts are divided on whether these deals will yield substantial rewards for the nations involved.
Malaysia emerged as one of the primary beneficiaries of Trump's visit, securing a framework to diversify its critical minerals supply chain. However, analysts like William Yang, senior analyst for North-East Asia at the Crisis Group, point out that the lack of immediate reciprocity from the US on tariffs may indicate that trade agreements are more about implementation than concrete results.
In contrast, Thailand and Cambodia obtained an expanded ceasefire agreement with Trump's assistance in brokering a resolution to their deadly border conflict. While some have dismissed this as merely a gesture of goodwill, others see it as a strategic move by the US to position itself as a global peacemaker. However, critics argue that such efforts are often overshadowed by America's own contentious actions abroad.
Japan also secured an agreement with Trump on securing the mining and processing of rare earths and other minerals, a critical issue due to China's export ban. Crisis Group analyst William Yang suggests that Prime Minister Sanae Takaichi's "charm offensive" strengthened her country's relationship with the US. However, critics argue that Japan's reliance on trade agreements may be limited by its own economic vulnerabilities.
The most significant outcome of Trump's visit may have been his securing a $350 billion trade deal with South Korea. While some experts praise this as a bold move to strengthen ties between the two nations, others raise concerns about the potential implications of South Korea's decision to commission nuclear-powered submarines, which could set off a chain reaction in North-East Asia.
Ultimately, it remains unclear whether these trade agreements will yield lasting benefits for the countries involved. As Leif-Eric Easley, professor at Ewha Womans University in Seoul, noted, "Apec is meant to be more than a venue for a trade war truce." With Trump's absence from the APEC meeting, China is now poised to promote itself as the region's preferred trading partner.