This is one of America’s most shocking economic defeats in 40 years
This is one of America’s most shocking economic defeats in 40 years
Donald Trump’s intimidation tactics risk leaving Americans poorer and more isolated
Summary
China, Japan, and South Korea have resumed trade cooperation, pledging to deepen ties under China's lead, marking a major geopolitical shift as the U.S. embraces isolationist tariffs.
The three ministers held a symbolic unity gesture in Seoul, reinforcing the Regional Comprehensive Economic Partnership.
China is also engaging the EU to counter Trump's trade agenda. Trump's proposed tariffs could extract $6 trillion over a decade, risking stagflation and global recession.
Critics call his actions unconstitutional and fear global retaliation, potentially collapsing the current trade order and triggering a tit-for-tat spiral.