Commentary
Yukon Huang, Isaac B. Kardon, Matt Sheehan
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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.
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Recent Work
Carnegie India 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.
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