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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.

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By Yukon Huang
Published on Jul 12, 2017
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Asia

The Asia Program in Washington studies disruptive security, governance, and technological risks that threaten peace, growth, and opportunity in the Asia-Pacific region, including a focus on China, Japan, and the Korean peninsula.

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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.

This interview was originally broadcast on Bloomberg.

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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Yukon Huang
Senior Fellow, Asia Program
Yukon Huang
Political ReformEconomyTradeNorth AmericaUnited StatesEast AsiaChina

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.

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