The Japan Times - East Asia united against Trump

EUR -
AED 4.187456
AFN 74.114327
ALL 93.641362
AMD 417.991878
ANG 2.04145
AOA 1045.580576
ARS 1700.682211
AUD 1.640874
AWG 2.052393
AZN 1.931979
BAM 1.952492
BBD 2.298905
BDT 140.681671
BGN 1.927973
BHD 0.430371
BIF 3395.647421
BMD 1.140218
BND 1.473404
BOB 7.894682
BRL 5.828111
BSD 1.141366
BTN 108.730799
BWP 15.436848
BYN 3.262773
BYR 22348.279696
BZD 2.295611
CAD 1.614242
CDF 2574.612766
CHF 0.921342
CLF 0.0269
CLP 1058.706441
CNY 7.727203
CNH 7.732185
COP 3756.635869
CRC 519.220387
CUC 1.140218
CUP 30.215786
CVE 110.078516
CZK 24.25786
DJF 203.255664
DKK 7.475032
DOP 67.02645
DZD 151.894213
EGP 56.720172
ERN 17.103275
ETB 183.094619
FJD 2.546337
FKP 0.850768
GBP 0.85164
GEL 3.015891
GGP 0.850768
GHS 13.085831
GIP 0.850768
GMD 83.800109
GNF 10011.040259
GTQ 8.709246
GYD 238.765506
HKD 8.938974
HNL 30.557233
HRK 7.526011
HTG 149.37694
HUF 355.675177
IDR 20615.774921
ILS 3.433085
IMP 0.850768
INR 108.697583
IQD 1495.266863
IRR 1567515.179067
ISK 143.257598
JEP 0.850768
JMD 180.344478
JOD 0.808457
JPY 184.401841
KES 147.530069
KGS 99.710729
KHR 4601.205081
KMF 492.574095
KPW 1026.196916
KRW 1709.358631
KWD 0.352966
KYD 0.951189
KZT 538.088422
LAK 25738.396486
LBP 102212.741012
LKR 382.941258
LRD 207.278848
LSL 18.591205
LTL 3.366769
LVL 0.689707
LYD 7.310615
MAD 10.662537
MDL 20.060016
MGA 4893.709548
MKD 61.540744
MMK 2393.850117
MNT 4087.981179
MOP 9.216287
MRU 45.473962
MUR 53.681179
MVR 17.616296
MWK 1979.24695
MXN 19.972637
MYR 4.64054
MZN 72.860584
NAD 18.591205
NGN 1571.129842
NIO 41.99885
NOK 11.132511
NPR 173.969278
NZD 1.979066
OMR 0.438857
PAB 1.141366
PEN 3.877431
PGK 5.095368
PHP 70.062948
PKR 317.281692
PLN 4.336621
PYG 6939.2442
QAR 4.161151
RON 5.230293
RSD 117.181482
RUB 87.530257
RWF 1676.759396
SAR 4.286838
SBD 9.177142
SCR 16.607565
SDG 684.688005
SEK 11.030068
SGD 1.473732
SHP 0.851288
SLE 27.763975
SLL 23909.812907
SOS 652.294945
SRD 42.884177
STD 23600.217791
STN 24.458565
SVC 9.987081
SYP 126.030726
SZL 18.588509
THB 37.955593
TJS 10.563704
TMT 3.990764
TND 3.373884
TOP 2.745373
TRY 53.273856
TTD 7.754862
TWD 36.616402
TZS 2999.01935
UAH 50.778276
UGX 4199.884959
USD 1.140218
UYU 46.022034
UZS 13785.645686
VES 808.194066
VND 29950.685556
VUV 135.692402
WST 3.148031
XAF 654.84762
XAG 0.019049
XAU 0.000277
XCD 3.081497
XCG 2.057115
XDR 0.81442
XOF 654.84762
XPF 119.331742
YER 270.317243
ZAR 18.629743
ZMK 10263.332858
ZMW 20.574145
ZWL 367.149844
  • CMSC

    0.0650

    22.085

    +0.29%

  • NGG

    0.2700

    82.59

    +0.33%

  • RBGPF

    0.3500

    67.35

    +0.52%

  • BCE

    0.0600

    21.38

    +0.28%

  • BTI

    -0.0151

    60.02

    -0.03%

  • GSK

    0.3100

    52.78

    +0.59%

  • AZN

    -6.8800

    171.61

    -4.01%

  • VOD

    1.6400

    14.72

    +11.14%

  • RYCEF

    0.3800

    19.46

    +1.95%

  • RIO

    1.0500

    90.54

    +1.16%

  • BCC

    3.8200

    76.06

    +5.02%

  • JRI

    -0.0200

    13.01

    -0.15%

  • CMSD

    0.0700

    22.38

    +0.31%

  • RELX

    0.3700

    32.44

    +1.14%

  • BP

    0.6500

    39.2

    +1.66%


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.