
Trump’s Asia Tariffs: Winners, Losers, and the New Trade Landscape
On 1 August, President Donald Trump’s much-anticipated tariff rollouts went into effect, shaking up Asian economies from Tokyo to New Delhi. Announced originally on 2 April as part of what Trump dubbed “Liberation Day” trade reforms, these tariffs mark a sharp turn in U.S. foreign economic policy—especially toward key export-driven Asian nations. US Allies: Relief…