A second Trump term could intensify the rivalry between the U.S. and China in Southeast Asia so that regional countries can no longer delicately dance between the giants.

His aggressive stance toward China could force many in the region to pick a side.

Germans and Americans are pessimistic about their economies. While the European Central Bank and Federal Reserve remain committed to fighting inflation, the ECB faces a much tougher task.

The alliance with Japan has been the cornerstone of U.S. security policy in East Asia for decades. Now, Japan’s role in global security is growing as challenges from China and North Korea mount.  …