Tag #Trilateral Trade Agreement

What historical and geopolitical tensions between South Korea, Japan, and China complicate the potential for a trilateral free trade agreement?

This renewed interest follows the US imposing tariffs on South Korean and Japanese goods, prompting these nations to explore alternative trade partnerships to mitigate economic losses. The potential 25 trillion USD GDP of a combined economic bloc further incentivizes this trilateral FTA, although prior attempts spanning over a decade have failed due to political and historical tensions.