May 7, 2025 - Asia Society Northern California & Seattle hosted a virtual program featuring Wendy Cutler, Vice President at the Asia Society Policy Institute. Cutler began by analyzing U.S. tariff policies, particularly toward China, noting that the second Trump administration is more unified in its trade messaging than the first. She emphasized that China, having endured tariffs under Trump 1.0 and Biden, is now better prepared through increased self-sufficiency, broader countermeasures, and diversified exports. Cutler also discussed the 90-day suspension of tariffs, urging attendees to watch for developments in APEC talks, potential new sectoral tariffs, domestic economic pressures, Congressional influence, and the USMCA agreement.

During the Q&A, Cutler expressed cautious optimism about a potential mutual tariff reduction between the U.S. and China but acknowledged ongoing distrust and tensions. She noted that as the 90-day deadline nears, negotiations—even with allies—are becoming more difficult and that each country's unique positions need a more flexible approach from the USTR.