All articles tagged with #economic alliance
The implementation of 50% tariffs by President Trump has significantly disrupted India's efforts to position itself as an alternative manufacturing hub to China, undermining the China Plus One strategy and causing uncertainty among Indian officials and business leaders about the future of their economic alliance with the U.S.
The "Washington Declaration" between the US and South Korea has received mixed reviews in Seoul, with some praising it as a way to ease anxieties about North Korea's nuclear arsenal, while others criticize it for making South Korea's neighborhood more dangerous and giving more than it got. The declaration promises to establish a consultative body to give Seoul more of a say in how the allies deter North Korea, but also emphasizes South Korea's commitment to abide by the Nuclear Nonproliferation Treaty. The economic alliance between the two nations has also faced criticism for protectionist policies.