The Japan Times - East Asia united against Trump

EUR -
AED 4.306924
AFN 77.800612
ALL 96.290273
AMD 447.455848
ANG 2.099694
AOA 1075.411417
ARS 1700.779101
AUD 1.772061
AWG 2.110949
AZN 1.988177
BAM 1.952553
BBD 2.365276
BDT 143.51133
BGN 1.955558
BHD 0.44213
BIF 3482.009164
BMD 1.17275
BND 1.514082
BOB 8.114505
BRL 6.462082
BSD 1.174352
BTN 106.720516
BWP 15.510205
BYN 3.441491
BYR 22985.892779
BZD 2.361882
CAD 1.615644
CDF 2638.686581
CHF 0.934332
CLF 0.027329
CLP 1072.104138
CNY 8.258444
CNH 8.255383
COP 4504.50788
CRC 586.025397
CUC 1.17275
CUP 31.077865
CVE 110.081926
CZK 24.301712
DJF 209.123105
DKK 7.471107
DOP 75.454514
DZD 151.827002
EGP 55.592317
ERN 17.591244
ETB 182.304714
FJD 2.673278
FKP 0.876507
GBP 0.876073
GEL 3.160551
GGP 0.876507
GHS 13.505539
GIP 0.876507
GMD 86.199295
GNF 10212.016669
GTQ 8.993044
GYD 245.691397
HKD 9.122608
HNL 30.940544
HRK 7.53222
HTG 153.794229
HUF 385.778924
IDR 19582.573348
ILS 3.789201
IMP 0.876507
INR 105.893078
IQD 1538.448008
IRR 49399.146865
ISK 147.995144
JEP 0.876507
JMD 188.486533
JOD 0.831511
JPY 181.991394
KES 151.226201
KGS 102.55723
KHR 4702.179931
KMF 492.554939
KPW 1055.474962
KRW 1735.464253
KWD 0.359705
KYD 0.978677
KZT 605.335863
LAK 25442.795245
LBP 105164.352354
LKR 363.536961
LRD 207.864306
LSL 19.721186
LTL 3.462825
LVL 0.709385
LYD 6.362446
MAD 10.746727
MDL 19.776195
MGA 5305.177102
MKD 61.535274
MMK 2462.499847
MNT 4159.55763
MOP 9.41009
MRU 46.575541
MUR 54.005329
MVR 18.072469
MWK 2036.313462
MXN 21.065457
MYR 4.791838
MZN 74.950137
NAD 19.721186
NGN 1704.791285
NIO 43.218125
NOK 11.959003
NPR 170.753025
NZD 2.030505
OMR 0.450919
PAB 1.174347
PEN 3.955921
PGK 4.992697
PHP 68.680904
PKR 329.11566
PLN 4.216211
PYG 7887.915449
QAR 4.281779
RON 5.091849
RSD 117.371155
RUB 92.705885
RWF 1709.856384
SAR 4.398673
SBD 9.573626
SCR 16.573783
SDG 705.411284
SEK 10.921847
SGD 1.515386
SHP 0.879866
SLE 27.90959
SLL 24591.977696
SOS 671.183772
SRD 45.359637
STD 24273.549601
STN 24.459322
SVC 10.275954
SYP 12968.817782
SZL 19.704314
THB 36.88356
TJS 10.792352
TMT 4.116351
TND 3.429397
TOP 2.8237
TRY 50.099067
TTD 7.966785
TWD 37.020192
TZS 2899.859147
UAH 49.525635
UGX 4181.046614
USD 1.17275
UYU 45.943592
UZS 14239.318971
VES 320.446921
VND 30897.848168
VUV 142.444302
WST 3.259438
XAF 654.867907
XAG 0.017685
XAU 0.00027
XCD 3.169414
XCG 2.116489
XDR 0.814446
XOF 654.870694
XPF 119.331742
YER 279.524973
ZAR 19.649713
ZMK 10556.150373
ZMW 26.981243
ZWL 377.624903
  • RIO

    0.1700

    75.99

    +0.22%

  • SCS

    0.0200

    16.14

    +0.12%

  • BTI

    -0.4500

    57.29

    -0.79%

  • CMSC

    0.0400

    23.34

    +0.17%

  • NGG

    -0.2600

    75.77

    -0.34%

  • BCE

    -0.2800

    23.33

    -1.2%

  • CMSD

    0.0150

    23.38

    +0.06%

  • RYCEF

    -0.3100

    14.64

    -2.12%

  • RBGPF

    0.4100

    82.01

    +0.5%

  • BP

    -1.4900

    33.76

    -4.41%

  • VOD

    0.0000

    12.7

    0%

  • RELX

    -0.2600

    40.82

    -0.64%

  • JRI

    -0.0500

    13.51

    -0.37%

  • BCC

    0.5100

    75.84

    +0.67%

  • GSK

    -0.4600

    48.78

    -0.94%

  • AZN

    -0.2100

    91.35

    -0.23%


East Asia united against Trump




In an unprecedented move, China, Japan and South Korea have formed a historic alliance to take joint action against the United States and, in particular, against the policies of President Donald Trump. This unusual cooperation between the three East Asian countries, which have often been marked by conflict and rivalry throughout their history, marks a turning point in global geopolitics and could have far-reaching implications for the global economy and international relations.

Overcoming historical tensions
Relations between China, Japan and South Korea have often been marked by mistrust and territorial disputes in the past. Historical conflicts in particular, such as Japan's occupation of China in the 1930s and the atrocities associated with it, have left deep scars. There are also ongoing tensions between South Korea and Japan that date back to the period of Japanese colonial rule. Nevertheless, these countries have now decided to put their differences aside and join forces against what they perceive as threatening US policies.

Reaction to Trump's tariff policy
The main reason for this alliance is the aggressive tariff policy of the US under President Trump. Since taking office, Trump has pursued a protectionist trade policy aimed at strengthening the US economy by imposing high tariffs on imports from various countries, particularly China, Japan and South Korea. These tariffs have significantly affected these countries' exports to the US and led to considerable economic losses. In response, the three countries have decided to work more closely together and develop joint strategies to counter the economic pressure from the US.

Historic meetings and agreements
A decisive step in this direction was the meeting of the trade ministers of China, Japan and South Korea in Seoul, which was described as historic. At this meeting, the first of its kind in over five years, the ministers agreed to accelerate negotiations on a trilateral free trade agreement. This agreement is intended to facilitate trade between the three countries and reduce their dependence on the US. In addition, they agreed to work more closely together to strengthen supply chains and promote the digital and green economy.

Political dimension
The alliance also has a strong political dimension. In a joint statement, the three countries emphasised the need for a ‘predictable environment for trade and investment’ and criticised the US's unilateral trade measures as destabilising for the global economy. This statement can be interpreted as a direct message to the US government that the East Asian countries are not prepared to accept the tariffs imposed by Trump without protest.

Possible implications
The implications of this alliance could be far-reaching. On the one hand, it could accelerate economic integration in East Asia and lead to a shift in global trade flows. If China, Japan and South Korea strengthen their trade relations with each other, this could reduce the importance of the US as a trading partner for these countries. On the other hand, the alliance could also have political and security implications. Traditionally, Japan and South Korea are close allies of the US in the region, and closer cooperation with China could call the existing alliance system into question.

Reactions from Washington
This development has caused concern in Washington. The US government fears that the alliance could weaken American influence in East Asia and jeopardise the US's strategic position in the region. In particular, the prospect of a trilateral free trade agreement is seen as a threat to the US economy, as it could make it more difficult for American companies to access the lucrative markets in China, Japan and South Korea.

A new model of cooperation
Despite the challenges this alliance poses, there are also voices that see it as an opportunity for a multipolar world order. Cooperation between China, Japan and South Korea could serve as a model for a new form of regional cooperation based on economic integration and mutual respect rather than hegemonic claims.

Outlook
Overall, the historic alliance between China, Japan and South Korea marks a turning point in global geopolitics. It is a direct response to the protectionist policies of the US under President Trump and could permanently change the balance of power in the world. It remains to be seen how this alliance will develop in the coming years and what impact it will have on the international order.