Crackdown on Trade ‘Cheaters’ Raises Concern in Asia about US Trade Policy
Strong trade ties between the United States and nations in Southeast Asia are under a cloud as a U.S. investigation into trade imbalances gets underway. Regional governments say the apparent policy shift has spurred concern and anxiety. A 90-day investigation by the U.S. Commerce Department of countries with large trade surpluses with the United States follows President Donald Trump’s call for a crackdown on “foreign importers that cheat.” Trump said the shift will result in a “historic reversal” in U.S. trade policy. “While we’ve seen an improvement in the trade …