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Trump Embarks on High-Stakes Asia Tour Amid Trade Tensions and Peace Talks
US President Donald Trump departed Washington on Friday night for a weeklong trip across Asia that will take him to Malaysia, Japan, and South Korea — a visit aimed at boosting investment ties, advancing regional peace efforts, and holding a much-anticipated meeting with Chinese President Xi Jinping.
“This is a very important trip,” Trump told reporters before boarding Air Force One. “We have a lot to talk about with President Xi, and he has a lot to talk about with us. I think we’ll have a good meeting.”
Trump’s first stop is Malaysia, where he will attend the annual Association of Southeast Asian Nations (ASEAN) summit in Kuala Lumpur — his first appearance at the regional gathering in years. The summit comes amid renewed efforts by Malaysia to mediate tensions between Thailand and Cambodia following recent border skirmishes.
On Sunday, Trump is scheduled to meet Malaysian Prime Minister Anwar Ibrahim for bilateral talks, followed by a joint signing ceremony with the prime ministers of Thailand and Cambodia to formalize an expanded ceasefire. Earlier this year, Trump threatened to suspend trade deals with both countries if the conflict continued, crediting Ibrahim for “working tirelessly to restore stability.”
Trump is also expected to meet with Brazilian President Luiz Inácio Lula da Silva while in Malaysia, though the White House has not confirmed the meeting. Lula has been pressing Washington to lift a 40% tariff on Brazilian exports and has criticized recent US naval operations near South America.
After Malaysia, Trump will travel to Japan and South Korea for high-level meetings centered on trade and investment. In Tokyo, he is expected to discuss a $900 billion package of Japanese and South Korean investments in US manufacturing and infrastructure — part of a deal to reduce tariffs on imports from both nations.
The visit to Japan will also mark Trump’s first meeting with newly elected Prime Minister Sanae Takaichi, the country’s first female leader and a protégé of the late former Prime Minister Shinzo Abe, with whom Trump had a close relationship. He will also meet Emperor Naruhito and visit US troops stationed in Japan.
The centerpiece of Trump’s tour, however, will likely be his meeting with Xi Jinping in South Korea on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in Gyeongju. The two leaders are expected to discuss ways to ease a prolonged trade war that has unsettled global markets.
Trump has recently accused Beijing of unfair trade practices and retaliatory tariffs, but struck an optimistic tone this week, saying he hoped to reach a “fantastic deal” with Xi. He also hinted that he would raise the case of Hong Kong pro-democracy activist Jimmy Lai during the talks.
Speculation remains about a possible surprise encounter with North Korean leader Kim Jong Un during Trump’s stop in South Korea, though US officials have denied such a meeting is planned.
“They have a lot of nuclear weapons,” Trump joked, “but not a lot of telephone service.”
The trip is seen as a key test of Trump’s ability to balance diplomacy, trade, and security in a region that remains critical to US strategic interests.
News
Iran Says Hormuz Can Reopen Within Seven Days as Oil Exports Come Under Pressure
Iran’s military said it retained full control of the Strait of Hormuz on Monday, while Foreign Minister Abbas Araghchi said the strategic waterway could be fully reopened within seven days if Tehran’s conditions were met and hostile measures against the country were lifted.
The statements came as Iran faced growing economic pressure, with the rial falling to record lows, Oil Minister Mohsen Paknejad resigning and the United States claiming that Tehran had not loaded any crude onto tankers during September.
Brigadier General Aziz Jafari, commander of Iran’s Khatam al-Anbiya Joint Air Defence Headquarters, said all movements through the Strait remained under the control of the Iranian armed forces despite changes in US tactics.
“All movements (in Hormuz) are under the control of the armed forces of the Islamic Republic,” Jafari said.
US Treasury Secretary Scott Bessent said on Thursday that Iran had not loaded crude oil onto tankers during September, arguing that the Trump administration was targeting Tehran’s main source of revenue.
Iranian President Masoud Pezeshkian acknowledged in August that restrictions were disrupting oil exports, saying the country had previously been able to sell oil but was now unable to do so at the same level.
Paknejad’s resignation was officially attributed to family and personal matters. However, his departure came amid speculation about the impact of reduced oil exports on government finances. Before his resignation was announced, Paknejad said in a video carried by Iranian media that revenue from oil already sold would be collected and that the process would continue.
The acting oil minister has pledged to maximise production and maintain exports through new strategies.
Despite pressure on Iranian exports, oil shipments from other parts of the region remained high. Ship-tracking company Kpler estimated crude exports from the region excluding Iran at between 19.5 million and 22.5 million barrels per day during the final week of September, compared with a pre-war regional average of about 18 million barrels per day.
Iran’s currency has also come under severe pressure. The euro rose above 300,000 tomans on the informal market, while the US dollar reached 270,000 tomans, more than double its level of about 135,000 tomans at the beginning of the year. One toman is equal to 10 rials.
The UK Maritime Trade Operations agency reported at least one attack each day in the Strait of Hormuz or the Gulf of Aden since October 2.
Araghchi told foreign ambassadors in Tehran that the conflict could not be resolved militarily and called for negotiations based on fairness. He warned that any renewed military confrontation would trigger a stronger Iranian response.
Parliament Speaker Mohammad Bagher Ghalibaf said Tehran had received US proposals through intermediaries but rejected what he described as one-sided demands.
He said the Strait would remain closed until Iran’s seven conditions, based on the Islamabad memorandum, were met.
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