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Asia Pacific pivots beyond a Trump-led America
US President Donald Trump has taken a radically protectionist approach to trade. Trump has launched a series of unilateral moves including increasing tariffs on steel and aluminium imports on national security grounds and announcing plans to impose tariffs on US$60 billion of Chinese imports. Uncertainties regarding continued access to the US market have forced Asia Pacific countries, for whom trade is an economic lifeline, to pivot beyond Trump-led America by adopting a three-pronged policy response: the acceleration of mega free trade agreements (FTAs), the enhancement of regional connectivity and the deepening of ... (full story)