Despite expressing grievances with Canada, Mexico, and the European Union, Asia is likely to emerge as the top target of the Trump trade war. Indeed, on the "Liberation Day" list, 6 out of the 10 highest tariffs would be imposed on Asian nations. To a degree, this is understandable. Nine of 15 of America's largest [...]
Tag: indonesia
Asia: Are Countries Taking Sides?
18 April 2024 Since the Global Financial Crisis, globalisation appears to have slowed. Indeed, despite the enormous benefits experienced in the post-WWII era, international trade and financial flows may have gone into reverse (Chart above). In addition, following disruptions caused by the Covid pandemic, some manufacturers have shifted supply chains to domestic producers, or at [...]
Asia: Urgent Climate Action to Prevent Inequality
2 May 2021 Asia has a vital role to play in mitigating the global risks of climate change. Indeed, the region accounts for over 50% of world-wide CO2 emissions (and 44% of energy consumption). Of course, China and India are the world's #1 and #3 GHG emitters. These two giants are responsible for 70% of [...]
Asia: Global Growth Engine in 2021
1 December 2020 As the holiday season approaches, much of the world is battling a Second Wave of the Coronavirus. To be sure, world leaders are confronting unprecendented challenges, and tough decisions are required. Throughout the pandemic, many policymakers, as well as members of the media and general public, portray the options as a choice [...]