Commentary
Yukon Huang, Isaac B. Kardon, Matt Sheehan
{
"authors": [
"Yukon Huang"
],
"type": "legacyinthemedia",
"centerAffiliationAll": "dc",
"centers": [
"Carnegie Endowment for International Peace"
],
"collections": [],
"englishNewsletterAll": "asia",
"nonEnglishNewsletterAll": "",
"primaryCenter": "Carnegie Endowment for International Peace",
"programAffiliation": "AP",
"programs": [
"Asia"
],
"projects": [],
"regions": [
"North America",
"United States",
"East Asia",
"China"
],
"topics": [
"Political Reform",
"Economy",
"Trade"
]
}
Source: Getty
In The Media
A Revival of Protectionism
Political and economic trends point to increased protectionist sentiment in the United States and heightened tensions between the United States and China.
By Yukon Huang
Published on Jul 12, 2017
Source: Bloomberg
Speaking on Bloomberg, Carnegie’s Yukon Huang explained that both political and economic trends point to increased protectionist sentiment in the United States and heightened tensions between the United States and China.
Trump’s objectives of economic growth and reduced trade deficits are in some sense contradictory, because economic expansion in the United States will lead to increased imports from China, he said. He added that although protectionist sentiment was reduced temporarily following the Trump-Xi summit in Mar-a-Lago, the release of new trade data and North Korea’s recent behavior will lead to an increased linkage between political and economic concerns and, subsequently, increased tensions.
About the Author
Yukon Huang
Senior Fellow, Asia Program
Huang is a senior fellow in the Carnegie Asia Program where his research focuses on China’s economy and its regional and global impact.
- Three Takeaways From the Biden-Xi Meeting
- Europe Narrowly Navigates De-risking Between Washington and BeijingCommentary
Yukon Huang, Genevieve Slosberg
Recent Work
Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.
More Work from Carnegie Europe
- The Trump-Shaped Hole in the European Security StrategyCommentary
There is an elephant in the room when it comes to the EU’s upcoming security strategy: Donald Trump. Unless European leaders acknowledge the depth of the transatlantic crisis, true autonomy will remain out of reach.
Stefan Lehne
- A Grand Strategy for Europe’s Clean Industrial FuturePaper
Europe’s industrial supply chains leave it vulnerable to global shocks. The EU needs a pragmatic green industrial strategy that balances durable partnerships and bolsters homegrown clean tech without sacrificing low-carbon ambition.
Milo McBride, Pauline Gerard
- Taking the Pulse: Is European Diplomacy on Iran Outdated?Commentary
When the U.S.-Iran memorandum of understanding was announced, the UK, France, Germany, and Italy declared their readiness to help demine the Strait of Hormuz and lift nuclear sanctions on Tehran. But does Europe need new tools to recover a diplomatic role?
Rym Momtaz, ed.
- From Trade Dependence to Geopolitical Leverage: The EU in an Era of Weaponized InterdependencePaper
As geopolitical rivalry weaponizes global supply chains, the EU’s true vulnerability lies in emerging-risk imports. For these goods, suppliers are growing more concentrated, substitution more difficult, and political risk is looming.
Sinan Ülgen
- European Security Strategy: In Search of a New AmbitionCommentary
The EU is putting together a new security strategy to meet today’s myriad challenges. But for any proposal to be effective, the union needs to grapple with its identity and ambitions.
Pierre Vimont
