The Fort Worth Press - East Asia united against Trump

USD -
AED 3.672501
AFN 65.000545
ALL 81.652501
AMD 376.168126
ANG 1.79008
AOA 917.000263
ARS 1431.789723
AUD 1.425591
AWG 1.8025
AZN 1.704112
BAM 1.654023
BBD 2.008288
BDT 121.941731
BGN 1.67937
BHD 0.375914
BIF 2954.881813
BMD 1
BND 1.269737
BOB 6.889932
BRL 5.217399
BSD 0.997082
BTN 90.316715
BWP 13.200558
BYN 2.864561
BYR 19600
BZD 2.005328
CAD 1.36528
CDF 2199.999711
CHF 0.77566
CLF 0.021803
CLP 860.889567
CNY 6.93895
CNH 6.93092
COP 3699.522179
CRC 494.312656
CUC 1
CUP 26.5
CVE 93.2513
CZK 20.463298
DJF 177.555076
DKK 6.322198
DOP 62.928665
DZD 129.553047
EGP 46.713163
ERN 15
ETB 155.0074
EUR 0.8462
FJD 2.209497
FKP 0.73461
GBP 0.734457
GEL 2.694976
GGP 0.73461
GHS 10.957757
GIP 0.73461
GMD 73.000184
GNF 8752.167111
GTQ 7.647681
GYD 208.609244
HKD 7.81385
HNL 26.338534
HRK 6.376101
HTG 130.618631
HUF 319.493022
IDR 16855.5
ILS 3.110675
IMP 0.73461
INR 90.57645
IQD 1306.186308
IRR 42125.000158
ISK 122.709741
JEP 0.73461
JMD 156.057339
JOD 0.709029
JPY 157.200504
KES 128.622775
KGS 87.45031
KHR 4023.848789
KMF 419.000087
KPW 899.990005
KRW 1463.830447
KWD 0.30721
KYD 0.830902
KZT 493.331642
LAK 21426.698803
LBP 89293.839063
LKR 308.47816
LRD 187.449786
LSL 16.086092
LTL 2.95274
LVL 0.60489
LYD 6.314009
MAD 9.153622
MDL 17.000296
MGA 4426.402808
MKD 52.129054
MMK 2099.624884
MNT 3567.867665
MOP 8.023933
MRU 39.425769
MUR 46.060361
MVR 15.449993
MWK 1728.952598
MXN 17.269659
MYR 3.947503
MZN 63.750274
NAD 16.086092
NGN 1366.979859
NIO 36.694998
NOK 9.666396
NPR 144.506744
NZD 1.661284
OMR 0.383441
PAB 0.997082
PEN 3.354899
PGK 4.275868
PHP 58.510949
PKR 278.812127
PLN 3.567015
PYG 6588.016407
QAR 3.634319
RON 4.310399
RSD 99.268468
RUB 76.760504
RWF 1455.283522
SAR 3.748738
SBD 8.058149
SCR 13.84955
SDG 601.511502
SEK 9.011435
SGD 1.272902
SHP 0.750259
SLE 24.450613
SLL 20969.499267
SOS 568.818978
SRD 37.818002
STD 20697.981008
STN 20.719692
SVC 8.724259
SYP 11059.574895
SZL 16.08271
THB 31.535012
TJS 9.342721
TMT 3.505
TND 2.891792
TOP 2.40776
TRY 43.612496
TTD 6.752083
TWD 31.589778
TZS 2577.445135
UAH 42.828111
UGX 3547.71872
UYU 38.538627
UZS 12244.069517
VES 377.985125
VND 25950
VUV 119.182831
WST 2.73071
XAF 554.743964
XAG 0.012866
XAU 0.000201
XCD 2.70255
XCG 1.797032
XDR 0.689923
XOF 554.743964
XPF 100.858387
YER 238.402706
ZAR 16.05502
ZMK 9001.197825
ZMW 18.570764
ZWL 321.999592
  • SCS

    0.0200

    16.14

    +0.12%

  • RBGPF

    0.1000

    82.5

    +0.12%

  • CMSD

    0.0600

    23.95

    +0.25%

  • NGG

    1.1700

    88.06

    +1.33%

  • JRI

    0.0900

    12.97

    +0.69%

  • BCC

    1.8700

    91.03

    +2.05%

  • RYCEF

    0.2600

    16.88

    +1.54%

  • GSK

    1.0600

    60.23

    +1.76%

  • BCE

    -0.4900

    25.08

    -1.95%

  • CMSC

    -0.0400

    23.51

    -0.17%

  • RIO

    2.2900

    93.41

    +2.45%

  • RELX

    -0.7100

    29.38

    -2.42%

  • BTI

    0.8400

    62.8

    +1.34%

  • VOD

    0.4900

    15.11

    +3.24%

  • BP

    0.8400

    39.01

    +2.15%

  • AZN

    5.8700

    193.03

    +3.04%


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.