Asian nations walk away with mixed results from Donald Trump's whirlwind tour of Asia.
While Trump secured new trade deals with Malaysia and Japan, critics are left wondering if his Asian counterparts got a fair shake. In Malaysia, the US president collected pledges from Vietnam to increase its US purchases, but analysts say the four countries may not get much in return for signing trade deals that require difficult commitments.
In Thailand and Cambodia, Trump's absence was notable, as he had helped broker an expanded ceasefire agreement just days earlier. However, some experts argue that his decision not to attend the Asean meeting has left crucial economic challenges unresolved at a multilateral level.
In Japan, Trump met with Prime Minister Sanae Takaichi, who hoped to realize a "new golden age" in US-Japan relations. The two signed up to a framework securing rare earths and other minerals, a critical issue given China's shock export ban. However, critics say that the deal may not address the underlying tensions between the US and Japan.
In South Korea, Trump pushed through a deadlocked $350 billion trade deal with his counterpart Lee Jae Myung, including $200 billion in cash investment and $150 billion in shipbuilding. The deal has been criticized for its potential controversy, but some experts say that it may help to ease tensions between the two nations.
Overall, while Trump's Asian tour was marked by several notable achievements, analysts say that the region's nations have yet to reap significant benefits from his visit. As one expert noted, "the more turbulent the times, the more we must work together" - but for now, it seems that Asian nations are left waiting to see how their trade deals with the US will play out in practice.
While Trump secured new trade deals with Malaysia and Japan, critics are left wondering if his Asian counterparts got a fair shake. In Malaysia, the US president collected pledges from Vietnam to increase its US purchases, but analysts say the four countries may not get much in return for signing trade deals that require difficult commitments.
In Thailand and Cambodia, Trump's absence was notable, as he had helped broker an expanded ceasefire agreement just days earlier. However, some experts argue that his decision not to attend the Asean meeting has left crucial economic challenges unresolved at a multilateral level.
In Japan, Trump met with Prime Minister Sanae Takaichi, who hoped to realize a "new golden age" in US-Japan relations. The two signed up to a framework securing rare earths and other minerals, a critical issue given China's shock export ban. However, critics say that the deal may not address the underlying tensions between the US and Japan.
In South Korea, Trump pushed through a deadlocked $350 billion trade deal with his counterpart Lee Jae Myung, including $200 billion in cash investment and $150 billion in shipbuilding. The deal has been criticized for its potential controversy, but some experts say that it may help to ease tensions between the two nations.
Overall, while Trump's Asian tour was marked by several notable achievements, analysts say that the region's nations have yet to reap significant benefits from his visit. As one expert noted, "the more turbulent the times, the more we must work together" - but for now, it seems that Asian nations are left waiting to see how their trade deals with the US will play out in practice.