This week, President Donald Trump of the United States will embark on a trip to Asia that has the potential to affect the global economy, primarily because he may meet with Chinese President Xi Jinping. Trump characterized the trip, which will include stops in Malaysia, Japan, and South Korea, as a “big trip,” and this will be his first foray into Asia since taking office again.
While there are few specific details available about Trump’s trip, he has cautioned that the Xi meeting may not happen in South Korea, given the volatility in the situation with North Korea, among other things. Despite those caveats, Trump is seeking a deal with China and an end to the trade war—the trade dispute between the world’s two largest economies that has stifled market confidence further and created uncertainty regarding the global economy.
Trump’s first stop will be Malaysia while attending the ASEAN summit from October 26-28, when he is expected to attend the signing of a peace deal between Thailand and Cambodia and discuss a trade deal with Malaysia. Trump may also meet Japan’s recently appointed prime minister, Sanae Takaichi, in Tokyo to reinforce economic and defense cooperation like reducing dependency on Russian energy. This trip is another example in terms of ongoing efforts by Trump that can be seen as reinforcing US-Asia relationships while trying to advance strategic and economic policy.
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