欧州：公的債務の持続可能性は前途多難か

Asia must prioritize regional cooperation for economic resilience amid tariff uncertainty

President Donald Trump’s April 2 “Liberation Day” marked a shift in U.S. policy, departing from the rules-based trade order and embracing power without predictability. Trump administration official Stephen Miran has reasoned that the United States has long shouldered the burden of providing global public goods, such as the global defense umbrella and the dollar as reserve currency, at great cost. Now, allies must pay it back.Tariffs are the chosen instrument of this recalibrated burden-sharing, used by the administration to extract compensation through trade concessions, direct investments, or...