What does Trump's comeback mean for east Asia? | Inside Story

The world's two biggest economies, the US and China, are on a collision course.
Donald Trump has promised to impose high tariffs on Chinese imports once he's back in the White House,
threatening to destabilise markets across Asia.
It could, perhaps also open new ones, but at what cost?
Trump's "America First" policy is also raising security concerns.
Will the US stand by its vow to defend Taiwan's sovereignty?
And then, there's North Korea.
So how will Trump's policies affect Asian markets? And will long-held allies be left out in the cold?

Presenter: Elizabeth Puranam

Guests
Einar Tangen, Senior Fellow at the Taihe Institute.
Phelim Kine, China Correspondent for Politico.
Graham Ong-Webb, Adjunct Fellow at the S. Rajaratnam School of International Studies.

#US #UnitedStates #DonaldTrump #USPresidentialElection2024 #USPolitics #China #NorthKorea #XiJinping #KimJongUn #USForeignPolicy #AmericaFirst #AlJazeeraEnglish

[ZoaxeM]

it means more geopolitical power to china, like it happened from 2016 to 2020. his methods leave a vacuum and an open field for china.

[tonywyli]

High tariffs on Chinese goods would result in huge suffering of American. Why people only talks about concerns of China but ignore the disastrous consequence to USA?

[Cherrytea]

Tarriffs on China would be a disaster. Tarriffs will dramatically increase production and manufacturing costs in the US and Inflation will go through the roof. Meanwhile other countries can buy Chinese EV's and parts for half the price.

[talk]

The issue is the US manufacturers can’t match the Chinese manufacturers when it comes to money for product value. The work ethic is another factor

[vaclavkubicek]

US on the brink. The world can do without the US - the US cannot do without the world. - BRICS

[falcatafalcata]

In 2023, US is the third largest Chinese exports country. China’s total exports to US accounted for only 13% of annual exports.

[resurrectedone]

“Not another nickel, not another dime, no more money for Israel’s crimes."

[frankm]

They assumed all Americans are millionaires and don’t mind to spend $1000 for a Christmas lights.

[qdelevation]

High Tarriffs will not benefit China and the US.
It only benefits those 'hub countires' like Mexico and Southeast Asian countries.
Because the US relies mainly on imported low-value goods, such like appliances, clothes. And they can't produce those goods domestically as the cost of production of those goods is high in the US (considering that those goods involve intensive labor force, and the US labor force is very expensive comparing to lots of developing countires) Consummers in the US still have to buy stuff from China.
Comparing buying things from China directly, buying things from a hub country will only increase the total transaction cost.

[TheSpaceOfficial-]

All of this hate, for who and for what?

[maxchen]

What about inflation in our country? we already have had 21% inflation since 2020. The ordinary people, especially the middle-class and the poor, are very angry about inflation!

[alimmuhammad]

The interviewer seems to assume that the US has total leverage in trade. What did the tariffs do for the US in last 8 years? It’s a case of cutting your nose to spite your face

[USA_]

16:00 It is important to put a dollar amount on US defense spending or commitments because of this unrealistic level of expectation foreign countries have. The US needs to lessen its commitments abroad and increase domestic investment spending. Thanks 😊👍🇺🇸❤️

[rossbaker]

I’m still convinced that Donald trump doesn’t understand what a tariff is.

[Shining]

Trump's policy on dealing with China is always the same - more tariffs ... which translates into inflation which ultimately gets passed onto the consumer. We've seen this movie before!

[longcimb]

By imposing tariff coming from all countries which have a high deficit with US, the US consumers will still need to pay for it. Re industrialization will take some time, and if it happen prices are not going to be affordable, hence i dont know how he is going to balance his rhetoric. Let us see how this play out

[FirozeBukht-re]

High tariffs means scarcity of cheep goods for the affordable. American goods will be at high prices this is obvious.

[johnwhoo]

US is already in shortage of lots of stuffs, this will make it worse, inflation will be worse, people have to pay more, China will just have to consume more domestically.

[tnt_pkk]

2 anti China vs 1 pro China isn’t much fair. Maybe next time, switch around. Anyhow, nice conversation

[Yarxk-jw]

TBH, The US wants more tariffs on Chinse products is not because they want to build their own to replace China, but want to destabilize Chinese economy, but China is still doing very good on global trading, only about 200B trade surplus from the US, most are from US companies.