Trump says 25% tariffs coming for Japan and South Korea as trade war escalates again
Trump says 25% tariffs coming for Japan and South Korea as trade war escalates again
www.usatoday.com
Trump says 25% tariffs coming for Japan and South Korea as trade war escalates again
I wonder what bullshit the resident western educated neolibs in charge of those client states will spin to explain away their patron crashing their export led economies
"Actually tariffs are good when Americans do it because it creates austerity here at home, which helps exports"
Lee Jae-Myeung may be a SocDem lib, but is seeking some degree of normalization with the DPRK along the lines of a return to the Sunshine Policy, and is pivoting away from Japan and the USA and towards the PRC. He's stil a SocDem lib, he's not suddenly rejecting the US or anything, but the writing is on the wall even for SocDems, the US is losing its influence in the region.
And yes, de-nuclearization isn't going to happen, but increased cooperation and trade like previously existed very well may. Lee stopped the ROK's border broadcasts, and the DPRK also stopped its broadcasts that same day, signaling reciprocity. Especially considering Lee wants to maintain US presense and millitary ties, there will never be a full "one country, two systems" approach with that in place either, but it pivots a shift towards Moon's approach rather than Yoon's.
Basically, Lee may be a SocDem lib, but the kind that likely can't respond to tariffs with austerity. Yoon threw the country into crisis with austerity already, if they push for more austerity Lee's presidency is toast. If anything, I see him pushing towards increased trade with the PRC to make up for it, building off of the push for trilateral cooperation between the ROK, PRC, and Japan from earlier this year.