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Many countries in Asia beyond China have gotten significantly richer in the past decade, meaning that a much different set of trade policy circumstances would face Donald Trump if he takes office in January.
Times are much different than at the outset of Trump’s first presidency, when he ditched former President Barack Obama’s plans to form a Pacific-nation pact meant to ensure that the United States, not China, set the terms of trade. Trump instead launched a direct trade war with China. Now, that dispute, under President Joe Biden,…