Asian economies brace for new Trump tariffs on ‘Liberation Day’ • FRANCE 24 English
South Korea, Japan and China hold a top-level trade summit as Asia braces for new “reciprocal” tariffs from Washington on Wednesday that are expected to target countries with the largest and longest US trade imbalances. Meanwhile, Asian stock indexes plummet on trade war fears, and Mexico re-launches a decades-old “buy local” programme aimed in part at countering cheap Chinese imports.
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30 Comments
Trump makes china great again lol. Chinas growing consumer market can replace the us, so good for japan and korea i guess.
May I take this opportunity to congratulate President Trump, I couldn’t see Japan, South Korea, and the PRC getting together. Thanks to Donald these nations might be able to resolve their issues and develop trade between them. I’m sure they can do it without the dollar of course!
Why does it always sound like the US is having no profits from trading with others?
This will be an economic disaster for the world, and the end of the US as the most influential country in the world. The world will pivot to trade without the US as much as possible. Sad to see the US self destruct. Shame also it will hurt really hadly for the rest of us too.
What is Europe gonna do on Liberation Day? Have a meeting perhaps? Asia is in a better place compared to the EU. 😂
Asian tigers have to align, they will live with it, they always did.
Only europe will be exempted by Trump.
Because, europeans Cry, Beg and finally Follow.
I guess France, EU will hold another likeminded "Summit" 😂😂 for liberation day?? Does anything ever gets done in EU bhhhha
BOYCOTT USA😀
Japan and China is selling their US treasures ! They think they do not need much $ reserve
When will the bills go out to each country to pay for defense costs incurred by the US?
So between India e China they are 40% of world population, the USA is 4,4%.
Donald trade?
Japan and China meeting against the US you know america F up
ECONOMIC ATTACK!!!
The USA is under attack 1 TRILLION DOLLARS PER YEAR TRADE deficit with the world, no country in the world can withstand a drain on its economy at that level..!!!!
Liberation Day = Liberation from positive economic growth (negative GDP) over Trumps entire 4-year term or TRUMPENOMICS.
Now trumpo will say that this was his plan all along, to motivate Asian countries work together and cooperate.
So Mexico was planning to increase tariffs on goods made outside of Mexico to save jobs in Mexico.
The US says he wants to do the same thing and now it is a problem.
Let everybody do what he feels is the best for his country. And stop claiming the victim.
felon trump and maga are a disgrace
we the sane despise them
Demand and supply games! America impossible to solve the problem of large trade deficit with other countries even rising tariffs,
More like a hurricane disaster aftermath. Everyone is waiting to see the damage
China: “Let’s create a “Greater East Asia Community””
South Korea: “Yeah.. but instead of “community”’let’s call it “Coprosperity Sphere”. Sounds cooler and original”
Japan: “You guys….🥹”
Trump creating world peace by making USA the country we all collectively hate
Amerikkka is acting like the global enemy bullying the world
No to American imperialism
Made in Mexico, actually from Chinese Companies
The interesting thing with all these Asian economies getting hit with tariffs US retailers have very little to no room to import from other supplies in Asia as they are all getting hit simultaneously.
Having China, Japan, and South Korea join forces has to be one of the things no one ever thought would happen. These countries absolutely hate each other through all of history.
As a Chinese American, this is under-selling how momentous of a moment this was. This is essentially getting a chicken, a fox, and a bag of grain to team up against the farmer.
In few second canada, mexico and eu will join china, japan and south korea.. more countries will join in