Donald Trump, the former President of the United States, made recent headlines at the ASEAN-US Summit by doing just that. Malaysian participants gave presentations related to the opening theme of the event. Wearing a crisply ironed suit and his trademark red tie, he stood in front of a large sign that simply said “United States,” as he spoke. His visit comes at a time geopolitical tensions in Southeast Asia have seen a significant uptick. As he tries to outfox the storms created by his own outsized, peacemaker aspirations and playing protectorism policies.
At the summit, Trump touted his success in negotiating a ceasefire between Thailand and Cambodia. This success helped make possible the peaceful resolution of a five-day border conflict earlier this year. He signed Reciprocal Trade Agreements with Malaysia and Cambodia. In doing so, he simultaneously forged bases for upcoming trade negotiations with Thailand and Vietnam. His administration’s presence in the region has raised alarm. Investors worry about the longterm effects of his protectionist agenda on Southeast Asia’s export-oriented economies.
Economic Implications of Trump’s Policies
Trump’s protectionist tide hangs heavy over Southeast Asia. Most countries in the region are extremely vulnerable due to their dependence on their exports to the United States. His administration’s tariffs are about to turn these economies upside down, leaving local business owners and citizens as confused and scared as anyone.
Kwanchai, an auto parts business owner in Malaysia, stated that he was puzzled by Trump’s intentions.
“I don’t understand why Trump is so interested in this peace agreement.” – Kwanchai
His feelings are echoed by a wider skepticism present throughout Southeast Asia that is distrustful of foreign intervention in regional disputes. The threat of economic retaliation still hangs overhead, especially given that the U.S. is still Thailand’s largest export market.
A local fruit-seller, Joy, expressed worries of outside meddling in the same vein.
“We don’t want a third party or anyone to force us against our will.” – Joy
As Trump pushes for new agreements under the threat of higher tariffs, many wonder if these negotiations are truly beneficial or merely strategic maneuvers to cement his reputation on the global stage.
The Search for a Legacy
Our new report explains how Trump’s fixation on being seen as a peacemaker evolved over the course of his administration. Though not the end of the world, his actions at the ASEAN Summit show his desperation to be recognized for his diplomatic efforts. He may even be shooting for the Nobel Prize. During his speech, he remarked:
“I really feel that when we make deals … we have to use that business to make sure they don’t get into wars.” – Donald Trump
This heavy focus on trade as a way to keep the peace makes you question whether he was serious about making America great again. The urgency with which he has approached negotiations indicates not just an attempt at diplomacy but a calculated strategy to strengthen his political legacy.
His statements hint at underlying tensions. He said that Thailand “will not back away from war” if it comes to that. Her statement had attendees wondering what would happen if negotiations fell short. Despite the rhetoric, his administration’s belligerent stance seems mainly focused on bullying countries into submission and in the process creating a culture of fear and confusion.
Regional Reactions and Future Considerations
Reading the transcript of Trump’s visit to Malaysia provides one answer. His policy advocacy generated energy amongst Southeast Asian nations, encouraging them to envision a future that would be quite different without American leadership. Countries are scrambling to negotiate fast as Trump’s tariff hike threats increase. This has put local leaders in a crazy bind, trying to out-run or out-jump a changing and increasingly global, geo-political situation.
Malaysian Prime Minister Anwar Ibrahim then seized the opportunity to play a crucial role in bringing about the ceasefire agreement. That deal was made public the first week of July. This diplomatic achievement may serve as an example of how regional leaders can navigate the complexities of international relations amid external pressures.
Local sentiments towards Trump’s involvement vary widely. While some are cautiously optimistic as to the potential trade benefits, many remain suspicious of his motives and concerned about the future of peace in the area. As one business owner put it:
“Are they hiding something? Suddenly, this powerful country is getting involved and playing games.” – Kwanchai
With Trump now headed to Japan for discussions with Prime Minister Sanae Takaichi before APEC talks in South Korea, the focus will inevitably shift to how his policies will continue to shape relationships in the Asia-Pacific region.
