East Asia Forum Quarterly: Volume 17, Number 3, 2025

Description

US protectionism is reshaping Asia’s trade politics. Rising tariffs and unpredictability from Washington are chilling investment, disrupting supply chains and driving governments towards transactional deals that corrode longstanding multilateral rules. This edition of East Asia Forum Quarterly maps the terrain on which Asia must choose between short-term accommodation and long-term growth and resilience. In an increasingly fragmented world, Asia’s best defence is to strengthen institutions to safeguard integration and hunker down behind the multilateral system—while preparing to take a leading role in rebuilding it.