What Trump's America First Policies Mean For Asia

Bloomberg

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00:00Make America great again.

00:02Donald Trump's attempt to make America great again

00:05could cost it its influence here in Asia,

00:07the world's fastest growing region.

00:10Bloomberg Economics says Asia is set to comprise

00:13almost 60% of the global economy by 2050.

00:17That's compared to just 11% for the US

00:19when measured in so-called purchasing power parity terms.

00:23And faced with Trump's belligerent tariffs,

00:26Asian nations are finding ways to work together

00:29to get around his America-first policies.

00:32Long-time rivals like India and China

00:34are trying to put aside a border dispute

00:36to deepen their cooperation.

00:39You also have China, Japan and South Korea

00:41pledging to boost trade ties even as their rivalries persist.

00:46In Southeast Asia, countries are finding themselves

00:49increasingly entwined economically with China.

00:52Chinese exports to the region have hit $541 billion in 2025 so far.

00:58Compared to $352 billion in the US.

01:02What we're seeing more recently is Asia buys Asia.

01:06We're seeing China manufacture in the world

01:09as opposed to for the world.

01:11This Asia buys Asia trend has supported a lot of intra-Asia,

01:16the wider Asia, Asia Middle East,

01:17supported a lot of trade within this region.

01:20Even on its own, China remains the world's manufacturing powerhouse

01:23and is quickly catching up to the US in the AI race as well.

01:28Working in America's favor though

01:30is that there's kind of an automatic stabilizer built in.

01:33The more China's might rises in the region,

01:36the more its neighbors may continue to seek US support

01:39as a counterbalance.

01:40wanted to go first.

01:42Well, yes.

01:44I'm good to see you next time.

01:44Well, let's go back.

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