Bearing the brunt: Asia's response to Trump

Bearing the brunt: Asia’s response to Trump
20
May 2025 — 10:45AM TO 11:45AM
Anonymous (not verified)
6 May 2025

Chatham House and Online

How are Asian economies reacting and adapting to Trump’s tariffs and a changing geoeconomic order?

How are Asian economies reacting and adapting to Trump’s tariffs and a changing geoeconomic order?

Policy makers and global markets have been rocked by U.S. President Donald Trump’s trade policies and tariff-driven agenda. America’s protectionist stance has hit Asia’s export-heavy economies particularly hard. China has engaged in a full trade war with the US. And although the Trump administration has eased some of its approach to trade temporarily, the tariff measures introduced on ‘Liberation Day’ have shone a light on Asia’s role in an integrated global trading system. Governments and business are exploring ways to adjust their trade, supply chains, and diplomatic strategies.

In a rapidly evolving geoeconomic landscape, this session assesses Asia’s reaction to the implications of Trump-era trade policies long-term. An increased focus on self-reliance, building up domestic consumer bases and engaging with new international partners; the economies of Asia are at a pivotal juncture. Following decades of development and growth based on a well established trading model, Asian governments are already demonstrating resilience and adaptability amid significant instability in the global trading system.

The discussion will discuss key questions including:

  • How exactly have Asia economies and businesses been affected by the implementation of President Trump’s tariff regime?
  • What has been the initial response by policymakers in the region?
  • Is Asia about to undergo a ‘decoupling’ from US markets and how might that take shape?
  • What are the new opportunities and markets Asian economies can explore?
  • How might relations with Europe change as US tariffs take hold on global trade?

By registering for this event, attendees agree to our Code of Conduct, ensuring a respectful, inclusive, and welcoming space for diverse perspectives and debate.

Source: Chathamhouse Events