US Can't Win Tech War and Trade War At the Same Time: Navin Girishankar
April 10, 2025
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6:48Now PlayingUS Can't Win Tech War and Trade War At the Same Time: Navin Girishankar
YouTube Description
as posted by the channelThe future of the one of the world’s biggest trading relationships hangs in the balance after President Donald Trump’s tariff war sparked a standoff between the US and China.
While Trump stepped back from the cliff edge for most countries — announcing on April 9 a 90-day pause on much of his “reciprocal” tariff agenda — he doubled down on China, increasing the new levy on its imports since he returned to the White House to 145%. Vowing to “fight to the end,” China responded by hiking its new duties on shipments from America to 84%.
The spiraling tariffs mark a dramatic step-up in trade tensions between the two countries. Prior to 2025, the average import taxes charged by each side on the other were less than 20%, even after the first trade war in Trump’s previous term in office.
Navin Girishankar, President of the Economic Security and Technology Department at the Center for Strategic and International Studies and former Senior Official at the US Department of Commerce, joins Balance of Power to discuss the impact of Trump's tariffs on China on the US technology industry.
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