Power Breakfast: US Trade Policy in Asia

President Trump and Asia: Progress or Regress

As China grows more powerful, it is displacing decades-old American preeminence in parts of Asia. The outlines of the rivalry are defining the future of the continent. Many countries are choosing to align with China: shifting away from the traditional American-led order. But some countries are still working to counteract China. And others are hoping to play both sides. The stakes could hardly be higher: Two powers are seeking to reshape the economies and political systems of the world’s most populous region in its own image. The United States’ military capabilities still dominate Asia. But China has started to wield growing military power and economic leverage to reorder the region, pulling longtime American allies like the Philippines and Indonesia closer. The shift in power toward China may accelerate under President Trump, whose volatile foreign policy and rejection of trade agreements is already forcing Asian nations to rethink their strategies. While President Trump’s approach to trade is widely criticized, he is now trying to address a legitimate trade dispute: China’s alleged theft of intellectual property and forced technology transfers. The White House is considering imposing tariffs on a broad range of consumer goods to punish China for its IP practices. What actions are we likely to see on trade? Will other countries retaliate against the US? How does Vietnam fit into the picture? To discuss these important issues, join AmCham for a Power Breakfast on Thursday morning with Matthew Goodman from the Center for Strategic and International Studies in Washington.

About the guest speaker:

Matthew Goodman is senior adviser for Asian economics and holds the William E. Simon Chair in Political Economy at CSIS. The Simon Chair explores current issues in international economic policy, with a focus on the Asia-Pacific region. Before joining CSIS in early 2012, Goodman was White House coordinator for APEC and the East Asia Summit. He also served as director for international economics on the National Security Council staff, helping the president prepare for G-20 and G-8 summits. Prior to the White House, Goodman was senior adviser to the under secretary for economic, energy, and agricultural affairs at the US Department of State. Goodman has extensive experience in both the public and private sectors. Before joining the Obama administration in 2009, he worked for five years at Albright Stonebridge Group, a global business advisory firm based in Washington, where he was managing director for Asia. From 2002 to 2004, he served at the White House as director for Asian economic affairs on the National Security Council staff. Prior to that, he spent five years at Goldman Sachs heading the investment bank’s government affairs operations in Tokyo and London. From 1988 to 1997, he worked as an international economics at the US Treasury Department, including five years as financial attaché at the US embassy in Tokyo. Goodman holds an M.A. in international relations from the Johns Hopkins School of Advanced International Studies (SAIS) and a B.S. in economics from the London School of Economics and Political Science (LSE).

EVENT:      Power Breakfast to Discuss US Trade Policy in Asia
DATE:        Thursday, March 22
TIME:         8:30am – 10:00am
PLACE:       Sheraton Hanoi Hotel, K5 Nghi Tam, 11 Xuan Dieu Road
COST:        VND 650,000 (members); VND 900,000 (non-members)

Attendees will enjoy a full breakfast buffet during the discussion. Don’t miss this opportunity to hear from a real expert on US policy. Please register your participation in this event by clicking on the button below or by calling the AmCham office at (84) 24.3934.2790.