US Economic Policy in the Asia Pacific Post-TPP

One of the first acts of new US President Donald Trump on taking office in January was to withdraw the United States from the Trans-Pacific Partnership. TPP had been the organizing principle of the Obama Administration's economic engagement in the Asia-Pacific region. The Trump Administration has expressed a preference for bilateral trade agreements and threatened to close the US market if trading partners do not take steps to reduce trade imbalances and eliminate "unfair" trade practices. How will this affect the reality and perception of US economic engagement in the Asia Pacific, where America's military presence has generally been viewed as necessary but not sufficient? And how will this shape the economic strategies of Australia, China, and other countries in the region? Mr. Goodman will address these questions and offer an outlook for the upcoming Asia-Pacific Economic Cooperation (APEC) Leaders' Meeting in Vietnam in November.

Matthew P. Goodman is senior adviser for Asian Economics and holds the William E. Simon Chair in Political Economy at Center for Strategic and International Studies. The Simon Chair explores current issues in international economic policy, with a focus on the Asia-Pacific region. Before joining CSIS in early 2012, Goodman was White House coordinator for Asia-Pacific Economic Cooperation (APEC) and the East Asia Summit. He also served as director for international economics on the National Security Council staff, helping the president prepare for G-20 and G-8 summits. Prior to the White House, Goodman was senior adviser to the under secretary for economic, energy, and agricultural affairs at the US Department of State.

Mr Goodman has extensive experience in both the public and private sectors. Before joining the Obama administration in 2009, he worked for five years at Albright Stonebridge Group, a global business advisory firm based in Washington, D.C., where he was managing director for Asia. From 2002 to 2004, he served at the White House as director for Asian economic affairs on the National Security Council staff. Prior to that, he spent five years at Goldman, Sachs & Co., heading the investment bank's government affairs operations in Tokyo and London. From 1988 to 1997, he worked as an international economist at the US Treasury Department, including five years as financial attaché at the U.S. embassy in Tokyo. Goodman holds an M.A. in international relations from the Johns Hopkins School of Advanced International Studies (SAIS) and a B.S. in economics from the London School of Economics and Political Science (LSE). He is a life member of the Council on Foreign Relations and serves as chairman of the Board of Trustees of the Japan-America Society of Washington.

Mr Goodman's visit to Australia is supported by the Embassy of the United States of America.