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In light of the Hong Kong protests, Taiwanese voters are expected to reelect their pro-independence government on Jan. 11 -- accelerating the island’s move away from mainland China, and into the open arms of the United States.
Both Tokyo and Seoul will be reticent to ease their trade spat until the economic toll outweighs the political risk of conceding. But for South Korea, that reckoning will come sooner due to its semiconductor sector's reliance on Japanese exports.
Southeast Asian countries stand to gain -- or lose -- the most from Beijing and Washington's escalating trade tensions. Some have benefited more than others, but all are at risk of taking an economic hit.
For the first time since it instituted stricter controls on some exports to South Korea, Japan has approved a shipment of hydrogen fluoride, a critical component of semiconductor manufacturing, to South Korea, the Japan Times reported Aug. 30, citing South Korean Trade Ministry officials.
Japanese and South Korean foreign ministers did not make any progress toward easing growing trade tensions during an Aug. 1 meeting on the sidelines of the Association of Southeast Asian Nations (ASEAN) regional forum in Bangkok, The Japan News reported.