onsdag 6. november 2024

Asia braces for steep China tariffs in second Trump term

Asia is bracing for Donald Trump’s return to the White House, after he threatened on the campaign trail to inflict sweeping tariffs on China and questioned Washington’s security commitments to Taiwan and US allies South Korea and Japan. The Republican former president has proposed blanket tariffs of more than 60 per cent on all Chinese imports and ending the country’s most favoured nation trading status, moves that would hit China’s faltering economy and send shockwaves through global supply chains. 

Trump’s first term in office sparked an unprecedented US-China trade war, spurring a rush to shift supply chains to south-east Asia, India and other parts of the region. His unorthodox approach to regional security also raised concerns among US allies in Asia over Washington’s defence guarantees, leading to a sharp increase in arms spending.

China will work with US, government says, but more rivalry expected under Trump

China will work with the U.S. on the basis of mutual respect, it said on Wednesday as Donald Trump closed in on victory in the presidential election, but strategists said Beijing was bracing for bitter superpower rivalry over trade, technology and security issues. "Our policy towards the U.S. is consistent," foreign ministry spokesperson Mao Ning told a regular press conference in Beijing, when asked how Trump returning to the Oval Office would affect U.S.-China relations.

"We will continue to view and handle China-U.S. relations in accordance with the principles of mutual respect, peaceful co-existence and win-win cooperation," she added. Chinese strategists however said they expected more fiery rhetoric and potentially crippling tariffs from Trump, although some said his isolationist foreign policy could give Beijing a vacuum to expand its global influence.

"Beijing anticipated a close race in the U.S. election. Although Trump's victory is not China's preferred outcome and raises concerns, it is not entirely unexpected," said Tong Zhao, senior fellow at the Carnegie Endowment for International Peace.

2024 US election live updates: Reactions from Asia

 The U.S. presidential election is being keenly watched across Asia. The victory of former President Donald Trump over Vice President Kamala Harris will have a major impact on America’s relations with the region on issues like trade, security and climate change. Radio Free Asia reporters are gauging reactions in Asia and regularly updating this post with what we hear from regular citizens and from governments. For the most part, our reporting is from countries that are under authoritarian rule.

Read more

Declassified Transcript: Mao Zedong meets Richard Nixon, February 21, 1972

Declassified transcript of the Beijing meeting between China's leader and America's. It took place in Chairman Mao's living quarters. Nixon's visit was the first time a U.S. president had visited the PRC, and his arrival in Beijing ended 25 years of no communication or diplomatic ties between the two countries. Nixon visited the PRC to gain more leverage over relations with the Soviet Union, following the Sino-Soviet split. The normalization of ties culminated in 1979, when the U.S. transferred diplomatic recognition from Taipei to Beijing and established full relations with the PRC.

Malaysia objects to Vietnam’s South China Sea island building: media

Malaysia has protested over Vietnam’s island building in the South China Sea in a rare negative exchange between the neighbors, Reuters news agency cited Malaysian officials as saying.

Late last month, Radio Free Asia reported on Vietnam’s development of an airstrip on Barque Canada reef, an artificial island within the Spratly archipelago that Malaysia also claims. The reef’s landfill area is estimated to have expanded to nearly 2.5 square kilometers (617.7 acres) as of October 2024, more than doubling in a year. Two unidentified officials told Reuters that the Malaysian government sent a letter of complaint to Vietnam’s foreign ministry in early October, before RFA’s report, “but has so far received no reply.”

Malaysia and Vietnam are among the six parties that hold overlapping claims in the South China Sea and to its numerous islands and reefs, alongside China, Brunei, the Philippines and Taiwan. The Philippines has said it was “monitoring” Vietnam’s island-building activities but has not officially protested.