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Not least the U.S. government, which is probably the only actor that can fix it.Two of the United States’ core allies — Japan and South Korea — have become deeply estranged. Both have — separately and in parallel — tried to put further distance between South Korea, Japan and the United States during periods of tension among the allies.Second, China under Xi Jinping has assumed a more active and aggressive posture throughout Asia, especially on maritime territorial issues. And in 2016 and 2017, China took more far-reaching actions against several South Korean companies after Seoul agreed to deploy a U.S. missile defense system.If U.S. allies now get into the game of blatant economic coercion, these actions risk triggering a cycle of retaliation that would destabilize regional trade and global supply chains — for a continent that accounts for nearly two-thirds of global economic growth.The United States can and should act, but with discretion.
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