Brookings-Tsinghua Center
Ye Qi
Director - Brookings-Tsinghua Center
Senior Fellow - Foreign Policy, Brookings-Tsinghua Center
[Wang Qishan appears likely to] play a leading role in overseeing U.S.-China relations. ... Wang will operate at a more strategic level, in theory to help keep the relationship from going off of the rails. ... [However,] Trump really values being the person in the cockpit steering U.S.-China relations. ... So I think Wang Qishan’s impact on the relationship remains an open question.
I expect U.S.-China relations to grow more competitive in the coming months. ... There will be fewer areas of cooperation to counterbalance areas of friction.
If implemented, the steel and aluminum tariffs would represent one of the most lopsidedly self-destructive U.S. trade policy decisions in recent memory. ... The tariffs will hurt the U.S. economy, cost U.S. jobs, and create inflationary pressure. By doing harm to U.S. allies, this action also undermines America's ability to attract support for an effective, multilateral strategy for dealing with China's unfair trade practices. ... [Mr. Trump] has given China a gift.