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
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.
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
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 MeetingCommentary
- 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 Malcolm H. Kerr Carnegie Middle East Center
- Lebanon Should Try to Place Hezbollah on the U.S.-Iran TableCommentary
As talks begin between Washington and Tehran, Beirut has an opening to advance a regional plan for the party’s disarmament.
Michael Young
- Board Up Donald Trump’s Failed Board of PeaceCommentary
What is behind Marco Rubio’s announcement that the body is now an international nongovernmental organization?
Zaha Hassan
- Looking Past the Wall on Palestine-IsraelCommentary
Policy discussion is ignoring that the Palestinian national project is hollowed out and apartheid is a present danger.
Nathan J. Brown
- Israel’s Security Means Insecurity in the Middle EastCommentary
As negotiations with Iran and Lebanon continue, chaos is at the heart of the Netanyahu government’s calculations.
Michael Young
- Pushing Beirut into an Armed Conflict With Hezbollah Is InsaneCommentary
The party’s domestic and regional roles have changed, so Lebanon should devise a disarmament strategy that encompasses this.
Michael Young