Introduction
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Introduction
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Senator Brian Schatz discusses the future of funding for U.S. foreign assistance and diplomatic engagement and the ability of the United States to address global challenges.
SALAMA: Hello, ladies …
Virtual Event
with Brian Schatz and Vivian Salama May 15, 2025
The United States and China have one of the world’s most important and complex bilateral relationships. Since 1949, the countries have experienced periods of both tension and cooperation over issues including trade, climate change, and Taiwan.
President Donald Trump’s trade war with China that began in his first administration has snowballed into greater tensions between the world’s biggest economies, but experts say completely decoupling from one another is likely impossible.
CFR experts provide insights and context around President Donald Trump’s recent enactment of tariffs, global reactions, and what his plans mean for the future of the global economy.
The United States must play to its strengths and avoid self-inflicted missteps if it wants to beat China in the race to dominate the twenty-first century.
Yoon Suk Yeol’s declaration of martial law triggered a four-month-long constitutional crisis in South Korea that was finally resolved last week by the decision of the Constitutional Court to uphold the National Assembly’s impeachment.
The administration’s executiveorder lays out an ambitious process while stretching the power of existing law. Without significant resource support from Congress, it may do little to improve U.S. maritime power.
The PRC threatened Taiwan and its partners with live-fire military drills. Taiwan cracked down on Chinese influence and espionage. The Taiwanese Coast Guard boarded and detained the Chinese crew of a ghost ship implicated in a cable-cutting plot.
China’s involvement across the Indo-Pacific in March 2025 ranged from warming ties with India and deepening cooperation with Bangladesh and Pakistan to increased presence in the South China Sea and Indian Ocean.
Panelists discuss ending the U.S. tax subsidy for Chinese inward portfolio investment as a tool to shrink the trade deficit, as well as the potential economic and policy implications of this approach for U.S. markets and the bilateral relationship with China.
For those attending virtually, log-in information and instructions on how to participate during the question and answer portion will be provided the evening before the event to those who register. Please note the audio, video, and transcript of this meeting will be posted on the CFR website.
This meeting is presented by RealEcon: Reimagining American Economic Leadership, a CFR initiative of the Maurice R. Greenberg Center for Geoeconomic Studies. This meeting is also part of CFR’s China Strategy Initiative.
Dmitri Alperovitch, co-founder and chairman of Silverado Policy Accelerator, co-founder and former chief technology officer of cybersecurity firm CrowdStrike, and author of World on the Brink: How America Can Beat China in the Race for the Twenty-First Century, sits down with James M. Lindsay to discuss the geopolitical rivalry between China and the United States, its impact on U.S. interests, and how the United States should respond.
Despite Vietnam’s strategic importance and early concessions, it has become the most vulnerable target of the Trump administration’s tariffs—and now faces an uphill battle to protect its economy and reset trade ties with the United States.
China, Russia, and Iran met to call for an end to U.S. Sanctions on Iran and conducted joint naval drills in the Gulf of Oman. China continues to present itself as a potential peace-broker in the Russia-Ukraine war but has openly refrained from joining the Coalition of the Willing. It has slightly pulled back from its purchases of Russian oil and developed rail lines that bypass Russia.
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