The China Mail - East Asia united against Trump

USD -
AED 3.672498
AFN 66.000229
ALL 83.900451
AMD 382.570291
ANG 1.789982
AOA 917.000333
ARS 1450.749912
AUD 1.535886
AWG 1.8025
AZN 1.699023
BAM 1.701894
BBD 2.013462
BDT 121.860805
BGN 1.699695
BHD 0.376993
BIF 2951
BMD 1
BND 1.306514
BOB 6.907654
BRL 5.361199
BSD 0.999682
BTN 88.718716
BWP 13.495075
BYN 3.407518
BYR 19600
BZD 2.010599
CAD 1.410025
CDF 2221.000229
CHF 0.80905
CLF 0.024076
CLP 944.499783
CNY 7.12675
CNH 7.127075
COP 3834.5
CRC 501.842642
CUC 1
CUP 26.5
CVE 96.375062
CZK 21.167017
DJF 177.720385
DKK 6.48429
DOP 64.297478
DZD 130.73859
EGP 47.410897
ERN 15
ETB 153.125038
EUR 0.86864
FJD 2.280599
FKP 0.766694
GBP 0.765295
GEL 2.714999
GGP 0.766694
GHS 10.924996
GIP 0.766694
GMD 73.500254
GNF 8690.999499
GTQ 7.661048
GYD 209.152772
HKD 7.774095
HNL 26.359678
HRK 6.547599
HTG 130.911876
HUF 335.9575
IDR 16709.4
ILS 3.261085
IMP 0.766694
INR 88.5796
IQD 1310
IRR 42112.494963
ISK 127.690319
JEP 0.766694
JMD 160.956848
JOD 0.709021
JPY 153.851993
KES 129.249938
KGS 87.450058
KHR 4026.999755
KMF 428.000397
KPW 899.974506
KRW 1447.345034
KWD 0.307151
KYD 0.83313
KZT 525.140102
LAK 21712.501945
LBP 89550.000328
LKR 304.599802
LRD 182.625047
LSL 17.379511
LTL 2.95274
LVL 0.60489
LYD 5.455036
MAD 9.301994
MDL 17.135125
MGA 4500.000477
MKD 53.533982
MMK 2099.235133
MNT 3586.705847
MOP 8.006805
MRU 38.249656
MUR 45.999806
MVR 15.40497
MWK 1736.000135
MXN 18.590735
MYR 4.182985
MZN 63.960089
NAD 17.380183
NGN 1442.505713
NIO 36.770126
NOK 10.20405
NPR 141.949154
NZD 1.766192
OMR 0.384503
PAB 0.999687
PEN 3.376503
PGK 4.216022
PHP 58.971497
PKR 280.850034
PLN 3.697112
PYG 7077.158694
QAR 3.641027
RON 4.416302
RSD 101.82802
RUB 81.356695
RWF 1450
SAR 3.75044
SBD 8.223823
SCR 13.741692
SDG 600.496025
SEK 9.55345
SGD 1.30536
SHP 0.750259
SLE 23.202463
SLL 20969.499529
SOS 571.509811
SRD 38.558003
STD 20697.981008
STN 21.45
SVC 8.747031
SYP 11058.728905
SZL 17.379793
THB 32.4545
TJS 9.257197
TMT 3.5
TND 2.960222
TOP 2.342104
TRY 42.10654
TTD 6.775354
TWD 30.925504
TZS 2459.806991
UAH 42.064759
UGX 3491.230589
UYU 39.758439
UZS 11987.501438
VES 227.27225
VND 26322.5
VUV 121.938877
WST 2.805824
XAF 570.814334
XAG 0.020681
XAU 0.000251
XCD 2.70255
XCG 1.801656
XDR 0.70875
XOF 570.497705
XPF 104.149552
YER 238.497171
ZAR 17.39149
ZMK 9001.177898
ZMW 22.392878
ZWL 321.999592
  • SCS

    0.0600

    15.93

    +0.38%

  • RIO

    1.1700

    69.06

    +1.69%

  • NGG

    0.2300

    75.37

    +0.31%

  • RBGPF

    0.0000

    76

    0%

  • CMSD

    0.1900

    24.01

    +0.79%

  • CMSC

    0.2400

    23.83

    +1.01%

  • RYCEF

    0.1500

    15.1

    +0.99%

  • GSK

    -0.1300

    46.69

    -0.28%

  • BCE

    0.1000

    22.39

    +0.45%

  • BCC

    0.9700

    71.38

    +1.36%

  • JRI

    0.0700

    13.77

    +0.51%

  • BTI

    0.9000

    53.88

    +1.67%

  • AZN

    -0.8800

    81.15

    -1.08%

  • RELX

    0.2800

    44.58

    +0.63%

  • VOD

    0.0700

    11.27

    +0.62%

  • BP

    0.5600

    35.68

    +1.57%


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.