The Impact of US Trade Sanctions on China and Multilateralism =============== #dda14a4e ver:0.82 The US-China trade war has led to a loss of global exports to China for Asian countries, benefiting some manufacturing hubs. Indonesia sees potential opportunities to capture US market share, but businesses express concerns about the competitiveness of Indonesian products. China's position in world trade has caused damage to importing countries, leading to complaints of a mercantilist trade strategy. ASEAN countries should strengthen their collective ability to respond to these challenges and pursue trade agreements with trade-oriented economies. The US-China trade war negatively impacts multilateralism and the international governance system. #TradeWar #China #US #Indonesia #Multilateralism... #newstr #UschinaTradeWar #TradeSanctions #Multilateralism #BidenAdministration #GlobalTrade https://here.news/story/dda14a4e?ver=0.82