Speaking to the Wall Street Journal about the US trade talks with China, discussing challenges Secretary Mnuchin and the US team are facing on their trip to Beijing.
Why Sprint and T-Mobile are using China to get deal approved
Segment on Yahoo! Finance TV discussing why Sprint & T-Mobile are using China to get a deal approved and exploring how an emphasis on jobs and China will help to mitigate regulatory concerns for the deal in Washington.
In My Letter To Harvard Magazine...
Discussing ignorance and unreason in American discourse as seen through the current assault on international trade.
Trump set to hit China with billions in annual tariffs
Former Undersecretary of Commerce Stefan Selig on how President Trump’s steel and aluminum tariffs impact China. Selig also weighed in on the Trump administration’s push to put additional tariffs on Beijing.
Trump's tariffs raise concern in steel industry
CNBC Contributor Gillian Tett and Stefan Selig, managing partner of BridgePark Advisors, discuss the impact President Trump's proposed tariffs would have on jobs, the economy and the global steel markets.
Trump, Australia’s Turnbull talk TPP as trade debate continues
Former Obama administration Under Secretary of Commerce for International Trade Stefan Selig explains why President Trump should reconsider having tossed aside the Trans-Pacific Partnership (TPP) deal.
NAFTA has been largely good for our farmers, ranchers: Fmr. Undersecretary of Commerce
Stefan Selig, Bridepark Advisors managing partner & former undersecretary of Commerce, discusses what could be on Trump's trade agenda ahead of his speech at the Farm Bureau Convention.
The Trump administration is in danger of making a ‘huge’ mistake in Nafta talks
Five of seven planned rounds of negotiations for the North American Free Trade Agreement recently concluded in Mexico City, yet we remain far from a deal. As an investment banker and trade negotiator who has seen many deals crater because one party overplayed its hand, risk of a failed negotiation is real.
The toughest issues in a complicated negotiation are often saved for last. Still unresolved are the so-called "poison pills" that the administration has positioned as take-it-or-leave-it items. Those include the proposed sunset clause, which dissolves the agreement after five years if the three countries do not agree to continue it, and unrealistic demands that 50 percent of car parts come from the U.S.
The Trump administration's tough posture and its apparent willingness to pull out of Nafta is the result of its notion that our relationship with many of our trading partners, and Mexico in particular, is a net loss for American businesses and workers and a zero-sum game for our economy. Clips of President Trump claiming that Mexico is "killing us on jobs and trade" play on a loop on cable news and social media daily.
But to use the current administration's vernacular, this is "fake news." The reality is that when it comes to renegotiating Nafta, the best way for the administration to deliver on its promise of putting America first, is to put North America first.
Read the rest of the post here.
Trump Made Mistake Withdrawing from Trans-Pacific Partnership
BridgePark Advisors Managing Partner Stefan Selig discusses the deals President Trump has reached with China regarding American companies. Watch here.
Assessing President Trump's Trip to Asia
Former Under Secretary of Commerce for International Trade Stefan Selig discusses President Trump's Asia trip, the deals that were made, and where the U.S. stands on trade. Watch here.
Why Trump’s ‘Art of the Deal’ diplomacy won’t work in China
President Trump campaigned on and was elected in part because of his deal-making acumen. These are skills he says will lead to better deals for American businesses and workers.
As the president embarks on his first trip to Asia, the administration will showcase its deal-making skills with some of our nation's most important trading partners, particularly China. If his rhetoric (or recent NAFTA negotiations) is any guide, the administration's approach will be highly transactional – extending "asks" to the Chinese to receive "gets" to advance our interests.
But as an investment banker for nearly 30 years before joining the Obama administration – an appointment that had me regularly (and successfully) negotiating with the Chinese -- I believe success will depend on commercial diplomacy, not on transactional deal-making.
I say that for four primary reasons. Read the rest of the post here.
Here's what Trump needs to focus on during high-stakes Asia trip
Stefan M. Selig, founder of BridgePark Advisors, and Dean Cheng, Heritage Foundation senior research fellow, discuss President Trump's high-stakes trip to Asia. Watch here.
Trade Policy Is More Than Just Trade Balance
Adopting policies to reduce imports risks jeopardizing inputs that U.S. manufacturers rely on to create globally competitive goods. Read more of Stefan's Letter to the Editor here.
Why Trade Should Be Core To Trump's Pro-Growth Economic Policy
The administration's action's on trade—including withdrawal from the Trans-Pacific Partnership (TPP), threats to renegotiate the North American Free Trade Agreement (NAFTA), considering tariffs on Mexican and Chinese imports, as well as a border adjustment tax—reflect the mistaken assumption that trade is a zero-sum game.
The truth is that there is no path to robust, sustainable, inclusive economic growth that does not embrace global trade and investment. And with 95% of global consumers outside of our borders, trade is fundamental to maintaining American competitiveness in a global marketplace.
Read more here.