Friday, November 11, 2016

Will Trump Make Good on Asia Threats?

Trump's entire campaign had an anti-globalization rhetoric. Now that he is the president-elect, how will his comments on Asia play out in the future? Globalization has fared well for many Asian countries, but Trump's anti-trade policies could do great harm to the area. Trump has proposed a withdrawal from the Trans-Pacific Partnership, a 45% tariff from Chinese imports, and threatened to take away some of the Fed's independence. Trump has already backtracked on a threat he made during his campaign: that the US and South Korea alliance would chance under his leadership. He recently telephoned South Korea and assured them that their relationship would not change under a Trump administration. If he backtracks on other comments he's made during the campaign, Asia will be better off.

-Hannah Friedle

No comments: