Economics
With Friends Like These: Trump’s Tariffs Hurt Asian Allies
- Analysts say tariffs erode U.S. economic reliability
- ‘Trump’s bark seemed worse than his bite,’ but that’s shifting
This article is for subscribers only.
With friends like these ...
Asia-Pacific nations weighing whether to tie their fortunes to China’s economic juggernaut or stick with the U.S. have a new variable to consider: President Donald Trump’s planned tariffs on steel and aluminum. Despite evidence the levies will damage many of the U.S.’s traditional allies, the administration shows scant sign of carve-outs for specific countries.