Obama, Trump and the Asia Pacific political economy
Michael Mastanduno

This chapter focuses on the transition from Presidents Obama to Trump, with emphasis on the political economy of the Asia Pacific. Throughout the post-war era, US foreign economic policies have been shaped significantly by broader geopolitical and security strategies. This is true for both Obama and Trump. For Obama, the pursuit of hegemony using more limited means dictated a regional shift to the Asia Pacific. His administration devised an economic strategy that complemented this geopolitical approach and simultaneously reaffirmed America’s traditional role as leader of a liberalising world economy. For Trump, the overall rejection of America’s hegemonic project has been accompanied by a departure from America’s traditional leadership role in the world economy in favour of a more nationalist and transactional approach to foreign economic relations. China, as both a geopolitical challenger and economic competitor, will likely emerge as the most prominent target in the Trump administration’s transformed strategy throughout the remainder of its time in office.

in The United States in the Indo-Pacific