Tag: East Asia
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U.S. Announces $10 Billion Arms Deals with Taiwan, Prompting China’s Response
The Trump administration has announced a massive $10 billion arms sale to Taiwan, including medium-range missiles, self-propelled howitzers, drones, and other advanced military equipment, sparking a strong rebuke from Beijing. The State Department unveiled the package late Wednesday, December 17, coinciding with a nationally televised address by President Donald Trump.…
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South Korea Signs Trade Deal to Import British cars, Salmon and Guinness
South Korea has signed a new trade agreement with the United Kingdom aimed at expanding imports of British-made cars, Scottish salmon and Guinness canned in Britain. The deal replaces a bilateral arrangement agreed in 2019 following the UK’s departure from the European Union. Bilateral trade between South Korea and the…
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U.S. Increases Military Presence on Yonaguni Island amid China Tensions
The United States has been enhancing its military presence on Yonaguni Island, Japan’s westernmost outpost, amid growing concerns over China’s increasing assertiveness, particularly regarding Taiwan. Located just 112 kilometers from Taiwan, Yonaguni plays a vital role in the U.S. military’s strategy for regional deterrence and defense. According to recent reports,…
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What APEC 2025 Reveals about the Future of Global Trade
The 2025 Asia-Pacific Economic Cooperation (APEC) summit offered a revealing glimpse into the fragility of global trade. While it produced no blockbuster agreements, its cautious yet symbolic commitments highlight the delicate balancing act facing economies across the region. As noted in an article on OpEd Column Syndication (OCS), which distributes opinion…
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APEC Leaders Unite in Gyeongju for Digital Cooperation and Inclusive Growth
Leaders of the 21 Asia-Pacific Economic Cooperation (APEC) economies have adopted the 2025 APEC Leaders’ Gyeongju Declaration, committing to deepen digital cooperation, strengthen trade resilience and promote inclusive growth across the region. Hosted by the Republic of Korea under the theme “Building a Sustainable Tomorrow,” the summit took place from…
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Trump Announces Trade Deal with Japan, Lowers Tariff to 15%
President Trump on Tuesday unveiled a new trade framework with Japan, introducing a 15% tariff on Japanese imports and declaring the agreement a landmark achievement. “This Deal will create Hundreds of Thousands of Jobs — There has never been anything like it,” Trump wrote on Truth Social. He also affirmed…
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