ASEM Reality EU Foreign Affairs Commissioner Federica Mogherini says this week’s Asia-Europe Meeting (ASEM) to promote liberalized trade and climate change reduction was not an anti-Trump meeting, although she clearly instigated the agenda. The fact remains that except for Australia and New Zealand, the ASEM participant countries typically have more favorable terms of trade vis-a-vis the U.S., and most have growing greenhouse gas emissions versus the decline occurring in America. It is not so much hypocrisy as it is a refusal to understand and appreciate the Trump trade policy’s stated intent, which is not protectionism but a more level playing field. It is fine for these countries to assert a “joint commitment to open, f...

TAGS – Asia, Europe, North America