Category: Asia

Trump’s Economic Lie of the Week: Japan Trade Deal

Trump’s Economic Lie of the Week: Japan Trade Deal

Trump falsely claimed Japan handed him control of a $550 billion fund, with the U.S. keeping 90% of profits a ridiculous lie, as Japan would never pay such a sum to avoid minor trade disruptions. Plus, Trump’s promises are worthless, as he could break any deal at will, making the entire claim absurd.

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How Washington Is Ceding Its Geoeconomic Edge to China

How Washington Is Ceding Its Geoeconomic Edge to China

Trump’s proposed changes to U.S. development finance—prioritizing domestic interests, unilateralism, and extractive projects over sustainability—could weaken America’s global influence. Unlike Biden’s multilateral partnerships, Trump’s transactional approach risks alienating allies and ceding clean energy leadership to China. The U.S. may lose ground in the Global South by abandoning inclusive, high-quality investments that counter China’s Belt and Road Initiative.

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The United States and China narrowly avoided a trade war by agreeing to a ninety-day pause on steep tariffs. The truce is not a bona fide trade deal, but the stage is now set for serious negotiations on a potentially broader and longer-term agreement.

Back From the Brink. Where Next?

The United States and China narrowly avoided a trade war by agreeing to a ninety-day pause on steep tariffs. The truce is not a bona fide trade deal, but the stage is now set for serious negotiations on a potentially broader and longer-term agreement.

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