Inauguration: Trump puts forth 'America First' policy
Donald Trump was sworn in as US president on January 20 and used his inaugural address to lay out his vision for US engagement with the world on trade and other issues. A top advisor has noted that Trump’s approach will be in contrast to the views recently expressed by Chinese President Xi Jinping. Trump put forth his “America First” policy: “Every decision on trade, on taxes, on immigration, on foreign affairs, will be made to benefit American workers and American families. We must protect our borders from the ravages of other countries making our products, stealing our companies, and destroying our jobs. Protection will lead to great prosperity and strength.”
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USCBC Oxford Economics Job Study
The US-China Business Council (USCBC) is pleased to have commissioned this study by Oxford Economics on the overall impact of China on the US economy. During last year’s election campaign, the negative impact of trade with China, such as estimates of jobs lost, received considerable attention. In most cases, the presented data fails to provide a balanced assessment that incorporates the positive effect of the commercial relationship with China. Presenting only the negative impact and ignoring the jobs created, lower inflation, and other benefits of trade with China can lead to policies based on incomplete or misleading information. Oxford Economics’ study, through its analysis of the economic relationship with China, provides a sound basis for such a policy discussion.
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USCBC Gala 2016: Focusing on the Future of US-China Relations
On Wednesday, December 14th, USCBC hosted its annual Gala featuring a bipartisan panel with former US Treasury Secretary Henry Paulson Jr. and former National Security Advisor Thomas E. Donilon. USCBC board chair, Mark Fields, President and Chief Executive Officer of the Ford Motor Company, moderated the discussion, which focused on the state of US-China relations and the future of the increasingly complex relationship between Washington and Beijing. The program also featured China’s top envoy to Washington, Ambassador Cui Tiankai, who has distinguished himself for his service strengthening the ties between the two largest global economies and as a strong supporter of USCBC.
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