TAG Managing Partner, Amb. Kurt Tong interviewed on CNA where he discussed the potential increased tit-for-tat U.S.-China tariff hikes stating, “If the U.S. insists on isolating itself from the rest of the global trading economy – the most important part of which is in Asia… that will lead to slower growth, lost income and job […]
And that’s causing anxiety among the US’s closest allies in the Indo-Pacific, said Jenny Schuch-Page, managing principal in energy and sustainability with the Washington-based Asia Group. “Even the prospect for a ‘grand bargain’ with China will make countries in South-east Asia wary about how they will fare,” she said.
“Things like cellphones, personal computers, big discretionary items or major expenditures that people have to buy, those things will be harder to replace Chinese-sourced items. So I would expect to see bigger hits in those items just because it’s hard to rebuild a supply chain to replace those,” Ambassador Kurt Tong, an Asia-focused economics expert,
Success in great-power competition requires rigorous and unsentimental net assessment. Yet the American estimation of China has lurched from one extreme to the other. For decades, Americans registered blistering economic growth, dominance of international trade, and growing geopolitical ambition, and anticipated the day when China might overtake a strategically distracted and politically paralyzed United States;
Key Takeaways: The Trump Administration has announced that an additional 50 percent tariff will be added on top of the 34 percent tariff on Chinese goods that is set to go into effect at 12:01 AM on April 9. It is now clear that the United States and China have entered a period that
U.S.-China Trade War 2.0: Tumultuous Tit-for-Tat Read More »
India faces an increasingly daunting growth challenge in a difficult global environment. Despite the difficulties abroad, including Donald Trump’s looming reciprocal US tariffs on India, it is worth emphasising the role of internationalisation, which brought India its most potent period of growth between 1991 and 2011. In this context, attention should be paid to the
“The US (created) a political issue at China’s expense and then has been able to declare victory,” said Kurt Tong, managing partner at The Asia Group and a former top US diplomat to Hong Kong. “That doesn’t feel good in Beijing.”
TAG Managing Partner Amb. Kurt Tong Speaks to AFP on U.S.-China Panama Canal Ports Row Read More »
TAG Partner Amb. Dan Kritenbrink spoke on CNBC to share his insights on how the possible Trump-Xi summit could be arranged and why a “grand bargain” is unlikely to happen — even though the two leaders eventually meet and talk.
TAG Partner Amb. Dan Kritenbrink Speaks to CNBC on Possible Trump-Xi Summit Read More »
Key Takeaways Much Talk, Less Action: Bipartisan interest in China on Capitol Hill is wide but not deep. In 2024, Congress held nearly 40 China-focused hearings – a slight drop from 50 in 2023 – and debated over 800 China-related resolutions, bills, and amendments. But aside from a piece of nearly unanimous legislation to force ByteDance
The 119th Congress and China: Widespread Interest but Doubtful Legislative Outcomes 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
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