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Donald Trump
Business
Opinion
William Pesek

Unhinged by Woordward’s expose, Trump may create a ‘Wag the Dog’ crisis for Asia’s markets

3-MIN READ3-MIN
US President Donald Trump speaking at an event in the Roosevelt Room of the White House in Washington, DC on August 29, 2018. Photo: AFP
William Pesek is a Tokyo-based journalist, former columnist for Barron’s and Bloomberg and author of “Japanization: What the World Can Learn from Japan’s Lost Decades”.

Who would’ve thought Asia’s fortunes might turn with the pages of a Bob Woodward book?

That is a growing risk as US President Donald Trump goes berserk over Fear, Woodward’s incendiary look at a White House in crisis. Yet, not because China, South Korea and North Korea figure prominently in the narrative, but how Team Trump might lash out Asia’s way.

Woodward’s depiction of Trump - essentially, that he is a national security threat - is pushing his rage, paranoia and unpredictability to new heights. And if we know anything about Trump’s temperament, it’s that he looks for rapid ploys to change the subject.

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