Why Asia may embrace Donald Trump's trade plan-if it cuts out China

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Why Asia may embrace Donald Trump's trade plan-if it cuts out China - Business Standard

Quick Summary:

Some of his advisors understand this: Treasury Secretary Scott Bessent intends to use the “90-day pause” he won from the president to round up old friends and encircle China.

Many countries would be happy to see the current structure of Trump’s tariffs — disproportionately targeted at China — continue indefinitely.

They fear the old tools of development — lower wages and industrial incentives — can’t work against a trade superpower determined to pour its resources into maintaining investment-led growth.