Trump-driven disorder rattles emerging economies

Countries reel from misjudging risks of new US president

20250428 modi trump prabowo

From left: Indian Prime Minister Narendra Modi, Indonesian President Prabowo Subianto and U.S. President Donald Trump. Washington's tariff policy is overshadowing the world's economies. (Source photos by Reuters)

HIROYUKI AKITA

TOKYO -- Until late 2024, many major emerging economies viewed Donald Trump's impending return to the U.S. presidency favorably. They believed that by accepting economic "deals," they could foster a strong relationship with a second Trump administration -- without facing significant pressure on human rights or other sensitive issues.

A November 2024 poll by the European Council on Foreign Relations, conducted after Trump's election victory, found that emerging countries broadly welcomed his return.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.