When the Trump administration announced sweeping tariffs on Asian economies on April 2, 2025, the political framing was simple. The tariffs would punish Asian exporters, shrink the US trade deficit and force capital home. Asia was cast as the vulnerable party in a contest the US expected to dominate. The 2025 trade data, however, tells […] The post Designed to hurt Asia, Trump’s tariffs did the opposite appeared first on Asia Times.