trade protectionism

Wong MNC Center Co-Organizes and Co-Sponsors Conference entitled “Coping with Global Backlash”

The Mr. & Mrs. S.H. Wong Center for the Study of Multinational Corporations (Wong MNC Center) is co-organizing and co-sponsoring the “Coping with Global Backlash” Conference at the University of California Berkeley (UC Berkeley) in October 2018. The two-day event, which runs from October 18 to 19, is hosted by the UC Berkeley Asia Pacific Economic Cooperation Study Center (BASC), Center for Long Term Cybersecurity, Clausen Center, and IEAS, which also are event co-organizers and co-sponsors.

Mr. Naoyuki Haraoka's picture

Pondering National Security Concerns as a Basis for Trade and Investment Barriers

In March, United States (US) President Donald Trump decided to raise tariffs on steel by 25 percent and on aluminum by 10 percent for national security reasons. This raised concerns about possible retaliation by US trading partners that might lead to a damaging cycle of trade actions that shrank world trade and spurred a global depression. US national security economic-related worries pertain not only to trade but also to foreign direct investment (FDI), especially high-tech FDI, because an increasing number of civilian technologies can be adapted for military use.