Opinion | Pragmatic Southeast Asia will adapt to Trump’s ‘America first’ agenda
The region is already bracing itself for the reinstatement of a more transactional and nationalist policy agenda in the White House
Part of the difficulty in anticipating how Trump’s re-election will impact US policy towards Southeast Asia is the president-elect’s mercurial temperament. Although Southeast Asia, like the rest of the world, has been put through a dry run of Trump’s presidency, a second Trump administration may not necessarily be a repeat of the first.
Its persistent trade surpluses with the US during the first Trump administration led him to accuse Hanoi of taking “advantage of us even worse than China”. Vietnam’s trade surplus stood at US$70 billion in 2020, right before Trump left office. It has only grown since, reaching more than US$90 billion in the first nine months of this year.