China, Japan, Korea sense Trump trade war weakness

China, Japan, Korea sense Trump trade war weakness

TOKYO – Asia is breathing somewhat easier as Donald Trump confronts the limits of his ability to self-immolate the US economy. Amid historically free-falling markets and an Oval Office intervention by the CEOs of Walmart, Target and Home Depot, the US president is watering down a tariff policy, including a 145% levy on China, that’s […] The post China, Japan, Korea sense Trump trade war weakness appeared first on Asia Times.

While "the man of tariffs" hesitates to keep the line of trade war, the largest economies in Asia are encouraged to wait for better agreements. This article, which takes the point of view of the "exchange investors" of South East Asia, has the merit of making us see the role that China plays in refusing to bow to tariff blackmail. It creates, including among the most assumed vassals of the US, new conditions for negotiating. It is also the case …