Stephen Olson talks tariffs and protectionism at HKGCC
Published 09 May 2018
On May 9, 2018, Hinrich Foundation Research Fellow Stephen Olson spoke at the Hong Kong General Chamber of Commerce (HKGCC) about the detrimental impact tariffs and protectionist trade policies have on the multilateral trade system.
Rising trade tensions between the United States and China set the backdrop for this timely and topical discussion, as speakers explored what impact tit-for-tat tariffs would have not only on the Chinese and U.S. economies, but on the rest of the region as well.
Representatives from across the Hong Kong business, government and academic arenas attended the HKGCC event titled “Trade Tariffs & Protectionism”. The event aimed to answer a number of important questions about tariffs and protectionist trade policies, while providing expert insight on a potential way forward.
During his presentation, Olson explained how tariffs can potentially undermine the multilateral trading system and specifically discussed what impact tariffs have on the U.S. economy, including American consumers. Following his presentation, Olson was joined by business leaders for a panel discussion on how tariffs and protectionism could affect the region. Panelists included:
- Stephen Olson, Research Fellow, Hinrich Foundation
- Tse Kwok Leung, Head of Policy & Economic Research of Bank of China (Hong Kong) Ltd
- Peter Churchouse, Managing Director of Portwood Co Ltd
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