Trump’s Demand For U.S. Multinational Firms’ Loyalty Is Undermined By His China Diplomatic Decoupling
Harry G. Broadman
![Harry G. Broadman]()
Harry G. Broadman
Global Business Executive & Counselor║Board Chair, Audit Committee Chair║Columnist║Keynoter ? EX White House║CFIUS║Private Equity║PwC║World Bank║US Senate║Brookings║Resources for the Future Inc║Harvard, Hopkins Faculties
As he nears his re-election bid, Donald Trump realizes his once only talking point for conquering the toughest U.S. economic challenge — taming China —rings hollow. What does he do? He now is doubling down and pursuing an even more expansive China decoupling: from economic to diplomatic.
But a tit-for-tat shutting of embassies not only harms U.S. businesses commercially more than the President understands, the impact is also asymmetric, hurting U.S. firms far more than China's.
For the President this is especially troublesome: his moves will erode his goal for demanding loyalty of U.S. multinational businesses to Washington.
Here is the link to this new Forbes column: https://lnkd.in/dh6mFMa