Tuesday, March 5, 2024

A ‘protectionist’ United States still key to East Asia’s economy

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Author: Tamas Meszaros, Keio University Protectionist trade policies and the lack of an economic agenda for East and Southeast Asia have become central themes in critiques of US policy towards the region and its approach to managing US–China ‘strategic competition’. According to these accounts, US protectionism undermines its economic draw in East Asia — and the political leverage stemming from it — at a time when it has already been eroded by rising reliance on Chinese trade, investment and regional institutions such as the Regional Comprehensive Economic Partnership (RCEP). Instead, the United States should employ open economic diplomacy, return to…

Source link : A ‘protectionist’ United States still key to East Asia’s economy by East Asia Forum

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