The Fort Worth Press - East Asia united against Trump

USD -
AED 3.672498
AFN 66.374624
ALL 82.891062
AMD 382.105484
ANG 1.790055
AOA 917.000265
ARS 1446.111798
AUD 1.509457
AWG 1.80125
AZN 1.69945
BAM 1.678236
BBD 2.018646
BDT 122.628476
BGN 1.678398
BHD 0.376991
BIF 2961.256275
BMD 1
BND 1.297979
BOB 6.925579
BRL 5.31099
BSD 1.002244
BTN 90.032049
BWP 13.315657
BYN 2.90153
BYR 19600
BZD 2.015729
CAD 1.394565
CDF 2229.999854
CHF 0.803415
CLF 0.023394
CLP 917.729983
CNY 7.07165
CNH 7.067635
COP 3796.99
CRC 491.421364
CUC 1
CUP 26.5
CVE 94.616395
CZK 20.762402
DJF 178.481789
DKK 6.410465
DOP 63.686561
DZD 130.081006
EGP 47.5783
ERN 15
ETB 156.280403
EUR 0.85828
FJD 2.261962
FKP 0.750125
GBP 0.749325
GEL 2.702059
GGP 0.750125
GHS 11.416779
GIP 0.750125
GMD 73.000012
GNF 8709.00892
GTQ 7.677291
GYD 209.68946
HKD 7.78435
HNL 26.389336
HRK 6.462502
HTG 131.282447
HUF 327.919498
IDR 16652
ILS 3.231155
IMP 0.750125
INR 90.007498
IQD 1312.956662
IRR 42124.999891
ISK 127.879701
JEP 0.750125
JMD 160.623651
JOD 0.709011
JPY 154.910502
KES 129.349486
KGS 87.449585
KHR 4014.227424
KMF 421.999977
KPW 899.992858
KRW 1471.139743
KWD 0.30686
KYD 0.83526
KZT 506.587952
LAK 21742.171042
LBP 89752.828464
LKR 309.374155
LRD 176.902912
LSL 17.013777
LTL 2.95274
LVL 0.60489
LYD 5.447985
MAD 9.247548
MDL 17.048443
MGA 4457.716053
MKD 52.892165
MMK 2099.902882
MNT 3550.784265
MOP 8.035628
MRU 39.710999
MUR 46.070097
MVR 15.409729
MWK 1737.95151
MXN 18.21685
MYR 4.1095
MZN 63.902189
NAD 17.013777
NGN 1450.250119
NIO 36.881624
NOK 10.105016
NPR 144.049872
NZD 1.732875
OMR 0.3845
PAB 1.002325
PEN 3.37046
PGK 4.251065
PHP 58.994993
PKR 283.139992
PLN 3.62913
PYG 6950.492756
QAR 3.663323
RON 4.369801
RSD 100.749025
RUB 75.955865
RWF 1458.303837
SAR 3.752867
SBD 8.223823
SCR 13.590725
SDG 601.501691
SEK 9.412745
SGD 1.295395
SHP 0.750259
SLE 22.999848
SLL 20969.498139
SOS 571.823287
SRD 38.643498
STD 20697.981008
STN 21.023817
SVC 8.769634
SYP 11056.894377
SZL 17.008825
THB 31.864504
TJS 9.210862
TMT 3.5
TND 2.941946
TOP 2.40776
TRY 42.528197
TTD 6.795179
TWD 31.256047
TZS 2439.99956
UAH 42.259148
UGX 3553.316915
UYU 39.265994
UZS 11939.350775
VES 248.585901
VND 26362.5
VUV 122.113889
WST 2.800321
XAF 562.862377
XAG 0.017228
XAU 0.000237
XCD 2.70255
XCG 1.806356
XDR 0.70002
XOF 562.867207
XPF 102.334841
YER 238.399242
ZAR 16.93296
ZMK 9001.196253
ZMW 23.026725
ZWL 321.999592
  • CMSC

    0.0400

    23.48

    +0.17%

  • SCS

    -0.1200

    16.23

    -0.74%

  • NGG

    -0.5800

    75.91

    -0.76%

  • BCC

    -2.3000

    74.26

    -3.1%

  • RIO

    -0.5500

    73.73

    -0.75%

  • CMSD

    -0.0300

    23.32

    -0.13%

  • BCE

    0.0400

    23.22

    +0.17%

  • GSK

    -0.4000

    48.57

    -0.82%

  • BP

    -0.0100

    37.23

    -0.03%

  • BTI

    0.5300

    58.04

    +0.91%

  • RBGPF

    0.0000

    78.35

    0%

  • VOD

    0.0500

    12.64

    +0.4%

  • AZN

    -0.8200

    90.03

    -0.91%

  • JRI

    0.0500

    13.75

    +0.36%

  • RYCEF

    0.4600

    14.67

    +3.14%

  • RELX

    0.3500

    40.54

    +0.86%


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.