President Joe Biden criticized former President Donald Trump’s approach to foreign policy during a joint press conference with the leaders of Japan and South Korea. The conference aimed to highlight the new security agreements between the countries.
According to Biden, there is very little he agrees upon with his predecessor in terms of foreign policy. He specifically mentioned Trump’s “America First” policy, which he believes has weakened the United States instead of making it stronger. Biden’s comments came in response to a reporter’s question about how Trump, who is currently the frontrunner in the 2024 Republican presidential primary, could potentially disregard commitments made to allies.
During the press conference, Biden emphasized that the new agreements between the U.S., Japan, and South Korea will be beneficial for all parties involved.
Joint Press Conference at Camp David
The joint press conference was held at Camp David, following a trilateral summit with Japanese Prime Minister Fumio Kishida and South Korean President Yoon Suk Yeol. This summit marked the first time Biden hosted world leaders at the Maryland presidential retreat, located approximately an hour’s drive northwest of the White House.
Increased Tensions with China
The growing ties between the U.S., Japan, and South Korea have drawn criticism from China. In response, the three countries issued a joint statement condemning some of China’s actions.
The statement expressed strong opposition to any unilateral attempts by China to change the status quo in the Indo-Pacific region. It specifically referred to China’s aggressive behavior and unlawful maritime claims in the South China Sea. The statement was issued on Friday.
Economic Impact and Stock Market
The stock market experienced mostly lower closing rates on Friday, with losses for the week. Factors contributing to this included a rise in bond yields and concerns over China’s economic situation.
These developments come as non-Trump Republican presidential candidates prepare for the upcoming debate, hoping to secure a breakout moment.
Overall, President Biden highlighted the significance of the new security agreements with Japan and South Korea, while also expressing concerns about Trump’s handling of foreign policy. The joint statement further underscored the tensions between the three countries and China, specifically regarding China’s actions in the South China Sea.