“Going after PVH is notable because it’s the first time a consumer brand was targeted” with the “unreliable entity” designation, said Sam Ide, a vice president who specializes in China at the Asia Group, a business consulting firm. PVH has a “significant enough China presence, but [the designation] wasn’t going to have big economic ramifications,” […]
Putting these U.S. companies on the unreliable entities list is “alarming” because it shows that the Chinese government is using the list to pressure U.S. companies to take a side, said George Chen, managing director for The Asia Group, a Washington D.C.-headquartered business policy consultancy. “It’s almost like telling American companies, what your government is
“China has the capacity to retaliate hard and fast, but seems intent to demonstrate strength while avoiding unnecessary escalation to keep its options open,” said Han Shen Lin, China director at the Asia Group, a business consulting firm.”
On February 1, 2025, India’s Minister of Finance Nirmala Sitharaman delivered the Union Budget Presentation. This year’s Budget comes as the Narendra Modi government contends with narrower economic growth projections driven by fluctuating global economic conditions, with Minister Sitharaman estimating India’s GDP growth at 6.3-6.8 percent for FY 2025-2026. Accordingly, the Budget showcases the Indian government’s efforts to drive consumption-led
India’s Union Budget 2025-26 Read More »
“I think there is signaling for a U.S.-China trade deal to be done, and it’s in Trump’s and Xi’s mutual interest to start earlier than later,” said Han Lin, China country director at the Asia Group. “Trump has the political winds behind his back but will need to show a win at some point, and
Kurt Tong, former U.S. consul general in Hong Kong and Macau and now managing partner at The Asia Group, said he was surprised by the new levies on China. Trump had shown “a real effort” to establish a channels of communication with Chinese President Xi Jinping, Tong said, and imposing tariffs on Chinese products “at
TAG Managing Partner Amb. Kurt Tong Comments on China Tariffs to the Associated Press Read More »
As trade tensions mount between India and the US, the question of tariffs is at the forefront. Bilateral trade in the 2023-2024 fiscal year has reached 120 billion. With the US accounting for 18% of India’s exports, New Delhi runs a trade surplus against Washington. NDTV’s Gaurie Dwivedi speaks with Former US Trade Representative Mark
TAG Senior Advisor Mark Linscott decodes US-India Trade Ties Amid Tariff Concerns Read More »
“I don’t think that the existence of TikTok in the United States is a particularly high priority for the Chinese government,” said Kurt Tong, a partner at The Asia Group and former U.S. ambassador for Asia-Pacific Economic Cooperation. “If TikTok were just completely shuttered in the United States, it doesn’t really hurt China that much, but
TAG Managing Partner Amb. Kurt Tong Comments on China’s Attitude Towards TikTok Read More »
“In early March will be the upcoming Two Sessions which will define China’s economic roadmap for the year. If U.S.-China relations deteriorate further on the trade side, China will have no choice but to ramp up domestic stimulus particularly in consumption.”
Former Assistant U.S. Trade Representative (USTR) for South and Central Asian Affairs and TAG Senior Advisor Mark Linscott spoke with CNBC TV18’s Parikshit Luthra about President Trump’s plan to impose tariffs on adversaries and allies, and the impact of his tariff policy on India.
"*" indicates required fields