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Phar Kim Beng

Phar Kim Beng

Phar Kim Beng, PhD, is a professor of Asean studies at International Islamic University, Malaysia.
Phar Kim Beng, PhD, is a professor of Asean studies at International Islamic University, Malaysia.

Asian Angle | Trump, Hegseth, Rubio: a triple threat to global stability – and Asia

The Trump administration has abandoned diplomacy for tariffs and threats, fracturing alliances and leaving Asean caught in the crossfire.

By pausing tariffs instead of repealing them, Trump creates the illusion of flexibility while retaining coercive leverage.

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The agreement has shown the European Union, ravaged by the pandemic, to be the weaker economic and geopolitical actor. It must now hold China to its pledge to conform to International Labour Organization rules.

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China has signalled its interest in large free trade agreements, even those led by the US or Japan. The RCEP is but a small gambit in China’s larger quest to connect its economy with the rest of the world.

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Pollsters who predict a win for the ruling Barisan Nasional in the Malaysian election may have failed to capture the psychology of the Malays, who have lost patience with their government as a feeling of aib – shame – sets in.

For the first time in decades, national debt has become a topic of contention in Malaysia – and voters must decide who will lead them out of the crisis before it becomes crippling.

Related Topics
AseanNorth KoreaLee Kuan YewChina economyNorth Korea nuclear crisisMalaysia 1MDB scandalIslamic militancyRodrigo DuterteBelt and Road InitiativeDonald Trump