Macro Insights Weekly - Trump's world and Asia's playbook

Trump 2.0 comes with promises of a wider trade war, affecting not just China, but all countries who trade with the US. This need not be a zero-sum narrative at the expense of Asia.
Trump's return is a headache for China, but this time anyone trading with the US is a target.
Both China and the rest of Asia have a set of options to pursue.
First, spread the cost of tariffs across various parts of the supply chain and end-consumer.
Two, find ways to take Chinese products to the US through third markets.
Three, deepen regional integration and improve trade ties with the non-US world.
Asia has the wherewithal to deal with damaging trade war.