South Korea, Taiwan and Vietnam show that economic statecraft is not just the preserve of great powers

By Robyn Klingler-Vidra, Vice Dean, Global Engagement | Associate Professor in Political Economy and Entrepreneurship, King's College London

Make American shipbuilding great again (Masga) may sound like an effort by the US to bolster its economic strength and project power internationally, but Masga is not an American policy. It is a South Korean initiative that emerged following trade talks with the US in June.

Rather than responding to the Trump administration’s tariff threats solely through trade negotiations, Korean officials saw an opportunity to show their American counterparts that South…

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