Trump to Asia aiming to make deals with Xi
AFP :
US President Donald Trump is set to embark on a major trip to Asia this week with all eyes on an expected meeting with Chinese leader Xi Jinping that has huge implications for the global economy.
Trump said on Wednesday he was making a “big trip” to Malaysia, Japan and South Korea, his first visit to the region since he returned to the White House in a blaze of tariffs and geopolitical brinkmanship.
Much of the trip remains shrouded in uncertainty. The White House has given almost no details, and Trump has warned that his anticipated sit-down with Xi in South Korea may not even happen amid ongoing tensions.
But Trump has made it clear he hopes to seal a “good” deal with China and end a bitter trade war between the world’s two largest economies that has caused global shockwaves.
The host nations are meanwhile set to roll out the red carpet to ensure they stay on the right side of the unpredictable 79-year-old, and win the best deals they can on tariffs and security assistance.
Malaysia and Japan; His first stop is expected to be Malaysia for the October 26-28 summit of the Association of Southeast Asian Nations (ASEAN) — a grouping Trump skipped several times in his first term.
Trump is set to ink a trade deal with Malaysia — but more importantly to oversee the signing of a peace accord between Thailand and Cambodia, as he continues his quest for a Nobel Peace Prize.
“President Trump is keen to see the more positive results of the peace negotiations between Thailand and Cambodia,” Malaysian Prime Minister Anwar Ibrahim said on Wednesday.
The US leader may also meet Brazilian counterpart Luiz Inacio Lula da Silva on the sidelines of the summit to improve ties after months of bad blood, officials from both countries told AFP.
Trump’s next stop is expected to be Tokyo where he will be able to meet conservative Sanae Takaichi, named this week as Japan’s first woman prime minister.
Japan has escaped the worst of the tariffs Trump slapped on countries around the world to end what he calls unfair trade balances that are “ripping off the United States.”
At the same time, Trump wants Japan to halt Russian energy imports and has also urged Tokyo to follow Western allies in increasing defense spending.
– Xi in South Korea? –
But the climax of the trip is expected to be in South Korea, where Trump is due to arrive on October 29 for the Asia-Pacific Economic Cooperation (APEC) summit — and potentially meet Xi.
The first meeting between the two leaders since Trump’s return to office could smooth over the trade war between Washington and Beijing — but Beijing’s rare earth curbs have also infuriated Trump.
Trump initially threatened to cancel the meeting and imposed fresh tariffs, before saying he would go ahead after all. But he added on Tuesday that still “maybe it won’t happen.”
He said on Wednesday that he hoped to make a deal with Xi on “everything” and also hoped the Chinese leader could have a “big influence” on getting Russia’s Vladimir Putin to end the Ukraine war.
Analysts warned not to expect any breakthroughs.
“The meeting will be a data point along an existing continuum rather than an inflection point in the relationship,” said Ryan Hass, a senior fellow at Brookings Institution.
South Korea, seeking its own trade deal, is reportedly considering the rare step of awarding Trump the Grand Order of Mugunghwa — the country’s highest decoration — during his visit.
North Korea will also be on the agenda. The country fired multiple ballistic missiles on Wednesday, just days before Trump was due to visit.
Trump has said he hopes to meet North Korean leader Kim Jong Un following several meetings during the US president’s first term, but there has been no confirmation of reports that the White House was looking at a new meeting this time.