President Trump has wrapped up a whirlwind trip to Asia; he met with several key regional leaders—including Japan’s new prime minister Sanae Takaichi and Chinese president Xi Jinping, participated in summits, and crafted some new deals (at least he said he did).
The United States is pivoting away from China and focusing on younger, faster-growing countries in Southeast Asia. This transition has been anything but smooth; wild tariff policies and inconsistent messaging are keeping things…interesting. The Trump administration has made a temporary truce with China, but let’s not expect that to hold very long. Deals with other countries will be nice if they happen, but until I see someone other than President Trump confirm them, I won’t get my hopes up. South Korea is the only tangible progress I’ve seen so far, with $150 billion in US investment in exchange for lower tariffs.
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