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Trump or Harris, America’s Asia trade strategy won’t change

Whoever wins next week’s election, Asia’s international economic diplomatic challenge remains the same: to keep the global multilateral trade enterprise alive, while the US is missing from it.

Peter Drysdale and Liam Gammon

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The triumph of Donald Trump in the 2016 US presidential election fundamentally changed how economic policy strategists in East Asia and the Pacific had to think about the US role in the global trade regime.

They had to get used to the idea that the new regional economic order would have to be founded on the assumption that the United States would not be a partner in East Asian regionalism or show leadership on trade and global economic governance, for at least the next few presidential terms.

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Peter Drysdale is emeritus professor of economics and head of the East Asian Bureau of Economic Research and East Asia Forum at the Crawford School of Public Policy at the Australian National University.
Liam Gammon is a research fellow in the East Asian Bureau of Economic Research and an editor at East Asia Forum (www.eastasiaforum.org) in the Crawford School of Public Policy at the ANU’s College of Asia and the Pacific.

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    Original URL: https://www.afr.com/world/asia/trump-or-harris-america-s-asia-trade-strategy-won-t-change-20241028-p5klrq