Trump has isolated the US. Even its allies are forming economic bloc with adversaries.

[syed putra]

S. Korea, China, Japan agree to promote regional trade​

Reuters
-30 Mar 2025, 11:00 AM

The deal comes as the Asian export powers brace from US President Donald Trump’s tariffs.​

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US President Donald Trump is set to announce more tariffs as he upends Washington’s trading partnerships. (AP pic)


SEOUL: South Korea, China and Japan held their first economic dialogue in five years today, seeking to facilitate regional trade as the three Asian export powers brace from US President Donald Trump’s tariffs.


The countries’ three trade ministers agreed to “closely cooperate for a comprehensive and high-level” talks on a South Korea-Japan-China free trade agreement deal to promote “regional and global trade”, according to a statement released after the meeting.


“It is necessary to strengthen the implementation of RCEP, in which all three countries have participated, and to create a framework for expanding trade cooperation among the three countries through Korea-China-Japan FTA negotiations,” said South Korean trade minister Ahn Duk-geun, referring to the Regional Comprehensive Economic Partnership.

The ministers met ahead of Trump’s announcement on Wednesday of more tariffs in what he calls “liberation day”, as he upends Washington’s trading partnerships

 

[spinn]