Former U.S. Secretary of Commerce Carlos Gutiérrez emphasized the urgent need for predictable U.S.-China trade ties during a keynote address at the Boao Forum for Asia Annual Conference 2025. Highlighting recent tariff tensions, he noted the ripple effects of policy uncertainty on global markets, stating, "I hope all is settled – these tariffs – and that we go back to a more settled situation."
Gutiérrez, who oversaw U.S.-Asia trade strategies during his tenure, acknowledged "great possibilities" for future cooperation during a discussion with CGTN analyst Zang Shijie. His remarks come as businesses and investors increasingly seek clarity amid shifting regulatory landscapes.
Forum Signals Economic Priorities
The Boao Forum, often dubbed Asia's Davos, has become a critical platform for addressing shared challenges in sustainable growth. This year's focus on supply chain resilience and tech innovation underscores the interconnected nature of U.S.-China economic strategies.
A Path Forward?
Analysts suggest Gutiérrez's call reflects broader industry concerns. With China and the U.S. accounting for over 40% of global GDP, stable cross-Pacific commerce remains vital to everything from semiconductor production to agricultural exports. "Dialogue beats decoupling," the former secretary concluded.
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Ex-U.S. secretary of commerce yearns for stability in China-U.S. trade
cgtn.com