Washington, D.C., May 31, 2025 — Nestpoint Managing Director Tim Phillips joined Newsmax to discuss China’s reported violations of its tariff agreement with the United States, originally negotiated under the Trump administration. With economic uncertainty rising, Phillips shared cautious optimism that the deal can still be salvaged, but stressed the need for legal clarity and strategic resolve.

Responding to President Trump’s Truth Social post accusing China of breaking its commitments, Phillips defended the administration’s original approach. “The president was right to reset with China,” he said. “They’ve stolen intellectual property for years and failed to open their markets to us. This confrontation was necessary.” He acknowledged that the situation has introduced turbulence for U.S. businesses but remained confident in the broader strategy.

Phillips also emphasized the importance of judicial resolution. “We need certainty from the Supreme Court,” he said, referring to ongoing legal debates around executive authority over tariffs. “Until we get that, businesses are left without clear direction.”

Asked whether a high-level diplomatic meeting between Trump and Chinese President Xi Jinping could restore confidence, Phillips noted the recent productive meetings between Secretary Besset and Chinese officials as a positive sign. “I do think the deal can be saved,” he said. “It’s in both countries’ interest to bring stability back to the table.”

Throughout the discussion, Phillips reinforced Nestpoint’s role in helping stakeholders navigate these high-stakes global shifts. “We’re advising companies caught in this uncertainty,” he said. “And what they need is clarity—on trade, on legal authority, and on the long-term direction of U.S.–China economic relations.”

The full segment originally aired on Newsmax’s National Report. Watch it here.

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About Nestpoint
Nestpoint, with a global footprint, and a formidable presence in Washington, D.C., is a leading government affairs, finance and private equity firm. As a strategic ally, Nestpoint transforms challenges into opportunities through its expertise in policy influence, global networks, and financial innovation, delivering customized solutions for sustained client success. Nestpoint advises multibillion-dollar companies in the manufacturing, energy, and technology sectors as well as foreign nations.