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Asia braces for intensifying competition over US imports

Asia braces for intensifying competition over US imports

Nikkei Asia4 hours ago
U.S. President Donald Trump sees tariffs as a necessary and effective tool for reducing the country's trade deficits. © Reuters
TORU TAKAHASHI
August 11, 2025 15:00 JST
TOKYO -- Many U.S. trade partners likely breathed a sigh of relief after the announcement of new American tariffs, believing they had "avoided the worst."
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In a Trump-Putin summit, Ukraine fears losing say over its future
In a Trump-Putin summit, Ukraine fears losing say over its future

Japan Times

time2 hours ago

  • Japan Times

In a Trump-Putin summit, Ukraine fears losing say over its future

For nearly three years of the war in Ukraine, Washington's rallying cry in backing a fight against a Russian invasion was "no negotiations about Ukraine without Ukraine.' But when President Donald Trump meets President Vladimir Putin of Russia in Alaska on Friday, the Ukrainians will not be there, barring any last-minute invitation. And Kyiv's swift rejection of Trump's declaration that he is already negotiating with Russia over what he vaguely called "land swaps,' with no mention of security guarantees or arms for Ukraine, underscores the risks for the Ukrainians It also carries political perils for Trump. Ukraine's fear for these past six months has been that Trump's image of a "peace accord' is a deal struck directly between him and Putin — much as Franklin Roosevelt, Josef Stalin and Winston Churchill divided up Europe at the Yalta conference in 1945. That meeting has become synonymous with historical debates over what can go wrong when great powers carve up the world, smaller powers suffer the consequences and free people find themselves cast under authoritarian rule. Ukraine's president, Volodymyr Zelenskyy, himself invited such comparisons in a speech to his people hours after Trump raised the specter of deciding Ukraine's fate in a one-on-one meeting in Alaska, territory that was once part of the Russian empire. (While Putin has made clear that he regards Ukraine as rightful Russian territory dating back to the days of Peter the Great, the Russian leader has not called for the reversal of the $7.2 million sale of Alaska to the United States in 1867, during a period of financial distress for the empire.) "Ukrainians will not give their land to the occupier,' Zelenskyy said, noting that the Ukrainian Constitution prohibits such a deal. Then, in what sounded like a direct warning to Trump, he added: "Any solutions that are against us, any solutions that are without Ukraine, are simultaneously solutions against peace. They will not bring anything. These are dead solutions.' Zelenskyy is the one with the most on the line in the summit. After his bitter Oval Office encounter with Trump in February, which ended in Trump's declaration that "you don't have the cards right now,' he has every reason to fear Trump is at best an unreliable partner. At worst, Trump is susceptible to being flattered and played by Putin, for whom he has often expressed admiration. Ukrainian civilians rush away from the scene of a drone attack in Kharkiv, Ukraine, on July 7. Since Trump retook office, many Ukrainians have worried a peace accord would be struck without them. | DAVID GUTTENFELDER / THE NEW YORK TIMES But there are also considerable political risks for Trump. Those would be especially acute if he is viewed as forcing millions of Ukrainians into territorial concessions, with few compensating guarantees that Putin would not, after taking a breather of a few years, seize the rest of the country. "President Trump still seems to be going into this conversation as if Putin is negotiating as a partner or friend,' said Tressa Guenov, director for programs and operations at the Scowcroft Center for Strategy and Security at the Atlantic Council. "That will continue to make these discussions difficult if Ukraine isn't involved.' Trump's personal envoy, Steve Witkoff, raised the possibility of a meeting of Trump, Zelenskyy and Putin, and in the past week, it looked like that might be a precondition for the session in Alaska. But Trump waved away the notion when asked about it by reporters Friday. A senior administration official said Saturday that the president remained open to a trilateral meeting with Putin and Zelenskyy, but that the meeting between Trump and Putin was set to go ahead as scheduled. Yet the gap in how Trump approaches these negotiations and how the United States' allies in Europe approach them became all the more vivid Saturday. After a meeting of European national security advisers and Ukrainian officials with Vice President JD Vance, who is on a visit to Britain, leaders of the European Union's executive branch and nations including France, Britain, Italy and Germany called in a statement for "active diplomacy, support to Ukraine and pressure on the Russian Federation to end their illegal war.' They added that any agreement needed to include "robust and credible security guarantees that enable Ukraine to effectively defend its sovereignty and territorial integrity,' phrases Trump has avoided. "The path to peace in Ukraine cannot be decided without Ukraine,' the leaders said. Trump has long sought a direct meeting with Putin, declaring publicly that a problem like Ukraine could only be resolved with a meeting between the two top leaders. He also said last week that he expects to see President Xi Jinping of China before the end of the year. And he seems reluctant to impose more tariffs or sanctions ahead of those meetings. In fact, his deadline for Putin to declare a ceasefire or face crushing "secondary sanctions' melted away Friday without a mention from Trump, other than that people should wait for his meeting with Putin. The fact that Trump is even meeting with Putin represents a small victory for the Russian president, Guenov said. "Trump still has given Putin the benefit of the doubt, and that dynamic is one Putin will attempt to exploit even beyond this meeting,' she added. While Trump has insisted that an understanding between himself and the Russian president is crucial to a broader peace, Putin, Guenov said, would certainly welcome any land concessions Trump is willing to grant. Already the president has signaled that is where these talks are headed. Trump on Friday suggested that a peace deal between the two countries could include "some swapping of territories,' signaling that the United States may join Russia in trying to compel Ukraine to permanently cede some of its land — the suggestion flatly rejected by Zelenskyy. Ukrainian firefighters and rescue workers lower the covered body of a person killed in a Russian strike on an apartment building in the Donetsk region of Ukraine on June 22. | DAVID GUTTENFELDER / THE NEW YORK TIMES "We're going to get some back, and we're going to get some switched,' said Trump, leaving unclear who the "we' in that statement was. "There'll be some swapping of territories to the betterment of both, but we'll be talking about that either later, or tomorrow.' Russian officials have demanded that Ukraine cede the four regions that Moscow claimed to have "annexed' from Ukraine in late 2022, even as some of that land remains under Ukrainian control. And Russia is seeking a formal declaration that the Crimean Peninsula is once again its territory. (Yalta, where the meeting of three great powers was held 80 years ago, is a resort city on the southern coast of Crimea.) Until late last week, it appeared likely that the meeting between Trump and Putin would be held on the traditional neutral grounds of the old Cold War, perhaps in Geneva or Vienna. (President Joe Biden saw Putin in Geneva in June 2021, eight months before the Ukraine invasion, for what turned out to be the only face-to-face meeting of their presidencies.) Putin's willingness to venture into American territory was striking, not least because his arrival in the United States will signal the end of his political and legal isolation from the country. In the past few months, Trump has terminated efforts at the Justice Department and the State Department to collect evidence of war crimes committed by Russia during its invasion of Ukraine. But inviting Putin to meet in the United States seemed to extinguish any threat that the United States would provide evidence to the prosecution. "It's bewildering how we could bring in somebody the International Criminal Court has classified as a war criminal,' said Jeffrey Sonnenfeld, president of the Yale Chief Executive Leadership Institute, who has tracked many of the Russian violations. But he emphasized that Putin is entering the meeting with Trump in an extraordinarily weak position economically and that it would benefit U.S. negotiators to realize how few cards Russia holds. "The mystical illusion of power that Putin creates is as real as the Wizard of Oz,' Sonnenfeld said. "The Russian economy has been imploding. Trump doesn't seem to realize that.' Sonnenfeld cautioned Trump against any deal in which Ukraine would give up rights to the Donbas region, particularly given the agreement that the Trump administration negotiated for the U.S. to share in future revenues from Ukraine's mineral reserves through a joint investment fund. "Giving up the Donbas would be disastrous,' he said. "That is where a lot of these valuable minerals are.' This article originally appeared in The New York Times © 2025 The New York Times Company

Vance: Ceasefire agreement likely to leave both sides unhappy
Vance: Ceasefire agreement likely to leave both sides unhappy

NHK

time3 hours ago

  • NHK

Vance: Ceasefire agreement likely to leave both sides unhappy

US Vice President JD Vance says a ceasefire agreement between Russia and Ukraine is unlikely to satisfy either side. Vance made the remarks in an interview with Fox News aired on Sunday ahead of the upcoming meeting between US President Donald Trump and his Russian counterpart Vladimir Putin in Alaska on Friday. Vance said that the Trump administration is "going to try to find some negotiated settlement that the Ukrainians and the Russians can live with, where they can live in relative peace, where the killing stops." He added: "It's not going to make anybody super happy. Both the Russians and the Ukrainians, probably, at the end of the day, are going to be unhappy with it." Vance also noted that Washington is working to schedule three-way talks between Trump, Putin and Ukrainian President Volodymyr Zelenskyy. Asked whether he wants Putin to meet Zelenskyy before a meeting with Trump, Vance said that he did not think that would be very productive. He indicated that summit talks between Trump and Putin will take place before any other negotiations. Zelenskyy and European leaders are concerned that the US and Russian leaders may discuss territorial issues without any involvement by Ukraine.

North Korea denounces massive planned South Korea-US military drills
North Korea denounces massive planned South Korea-US military drills

Nikkei Asia

time3 hours ago

  • Nikkei Asia

North Korea denounces massive planned South Korea-US military drills

South Korean army tanks cross a pontoon bridge during a U.S.-South Korea joint military training near the demilitarized zone separating the two Koreas in Yeoncheon, South Korea, in March. © Reuters STEVEN BOROWIEC August 11, 2025 16:44 JST SEOUL -- North Korea on Monday condemned South Korea and U.S. plans to start some of the largest military exercises in the Asia-Pacific region next week, on the same day a U.S. military official said the drills are intended to "bolster readiness and defensive posture."

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