Asia-Pacific watches US midterms amid war and trade uncertainty
Conflict · First reported 2 Nov, 23:41 · Updated 00:04
Governments and businesses across Asia-Pacific are watching the US midterms, hoping for changes to US policy on the Iran war, tariffs and regional security. Analysts cited in the reporting expect Congress to have limited influence over those areas, while predicting bipartisan support for tighter restrictions on China’s access to technology.
- The Iran war has disrupted energy supplies in Asia-Pacific; the Philippines has been under a national energy emergency since March, and several countries have spent heavily on fuel subsidies.
- Analysts expect a Democratic-controlled Congress to have limited effect on the war and tariffs, though it could pursue oversight or seek trade carve-outs.
Summary written by Lux AI from 2 articles
Key facts
- Philippines
- The article says the country relies on the Gulf for more than 90 percent of its crude oil imports and has been under a national energy emergency since March.
- Tariffs on selected countries
- The article reports that tariffs imposed last year ranged from 10 to 50 percent and affected about 90 countries.
- Proposed Taiwan arms sales
- The article says Trump has held off approving a $14bn arms-sales package to Taiwan.
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Background
- An earlier Lux summary said polls found broad concern about the economy and cost of living, alongside differences between Democratic and Republican voters on several issues. [946d95d2-08c0-4d99-9a47-6820dd06582b]
- An earlier Lux story reported that Ukrainian President Volodymyr Zelensky warned Russia could use the midterms to launch a large attack on Ukraine, particularly against energy and logistics targets. [6c321fa1-c8ca-407c-aa0a-0e169a4bcaad]
All coverage
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Ownership
- Corporation 50% (1)
- Government 50% (1)
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