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Posted on 07/13/2025 8:24:40 PM PDT by Cronos
...South Korea’s new president, Lee Jae Myung, sent special envoys to Australia and Germany to discuss defense and trade issues, and plans on dispatching delegations to several others. Brazil and India announced plans to increase their bilateral trade by 70 percent, to $20 billion.
Indonesia says it is nearing a treaty with the European Union that would drop most tariffs on both sides to zero. And in Vietnam, which Mr. Trump said had accepted 20 percent tariffs on its goods headed to the United States before last week’s letters, the deputy trade minister emphasized efforts to reduce her country’s reliance on American consumers by leveraging other trade agreements.
...During Mr. Trump’s first term, China retaliated against U.S. tariffs by buying smaller amounts of U.S. soybeans. Brazil filled the hole and now supplies most of China’s soybean demand, leaving American farmers with too much product and not enough buyers.
In 2017, China boycotted goods from South Korea in retaliation for its willingness to host an American antiballistic missile system, seriously damaging South Korea’s China-dependent consumer and tourism industries. In response, South Korea expanded trade and investment with Indonesia, Malaysia and Vietnam.
...South Korea, for example, has resisted joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, a trade pact that rose from the ashes of negotiations with the United States that foundered in 2016.
Byung-il Choi, a South Korean economist and former trade negotiator, has been urging his country to join that agreement, which its neighbor Japan has signed. New hostility from Washington may finally make it possible, and South Korea’s president, Mr. Lee, has been more amenable to Japan than many expected during his campaign.
“Japan and Korea believed that we are a staunch, ironclad ally of the U.S., but Donald Trump doesn’t believe in allies,” Mr. Choi said.
(Excerpt) Read more at nytimes.com ...
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“The U.S. is fairly rapidly attempting to dismantle the system that it set up, which is surprising a lot of people,” Mr. Hynd said.
Life is all about Change.
Like it or not, the US is the best house in a bad neighborhood.
I’m sure they’ll have no problem finding another country with a GDP the size of the United States, with a fully developed legal system, well-defined property rights, and a free press to keep everything more or less aboveboard.
And a population of a third of a billion, with the world’s largest middle class.
The New York Slimw: we never let the truth get in the way of our commie agenda.
Too bad ingrates.
The are all nice when we are uncle Sugar.
China retaliated against U.S. tariffs by buying smaller amounts of “U.S. soybeans. Brazil filled the hole and now supplies most of China’s soybean demand, leaving American farmers with too much product and not enough buyers.”
Somebody needs to explain the meaning of the word “fungible” to the presstitutes at the times. If the overall market hasn’t increased US soybean sales will go elsewhere.
CC
“I’m sure they’ll have no problem finding another country...”
Carney says Canada is ready to step into those shoes.
What a silly article.
The NYT is a major part of the democrat party. It has nothing to do with news reporting.
The United States is the biggest economy in the world and the world wants to sell stuff here.
As for exports, Trump is trying to open up world markets.
These countries block our sales.
As for this stuff about allies raaching out to “better partners” there is no harm in Australia working with the EU or anyone else on defense.
Canada's population is about 11% of the United States.
Really? They have a funny way of showing it. They’re unhappy about tariffs, that’s for sure.
Exactly.
Message to China. You don’t have to like the customer but when he is delivering you 80 percent of your global trade surplus, see rule one. The customer is always right.
Asia is undergoing a demographic collapse. Good luck!
The issue is not just explicit tariffs. The issue is also the many non-tariff trade barriers that countries erect. The Europeans are experts at this, in particular.
The irony is that, they will not find as reliable a trading partner - and the agreements between each other will resemble what Trump actually wants for everyone.....
“Carney says Canada is ready to step into those shoes.”
“Canada’s population is about 11% of the United States.”
I guess I should have added the sarcasm tag.
Sorry, didn’t get the sarcasm. Seen in that light, my response should have been “Funny!”
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