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.

Stephen Olson talks tariffs and protectionism at HKGCC 1

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

About the author – Lauren Kyger

Stephen Olson talks tariffs and protectionism at HKGCC 2Lauren Kyger is a Research Associate with the Hinrich Foundation where she focuses on international trade research. She is a Hinrich Foundation Global Trade Leader Scholar alumna, earning her Master’s degree in Global Business Journalism from Tsinghua University in Beijing. She received her Bachelor’s degree from the Walter Cronkite School of Journalism and Mass Communication at Arizona State University.