Washington, D.C., May 23, 2025 — In a recent Newsmax interview, Tim Phillips, Managing Director of Government Affairs and Global Strategies at Nestpoint, offered insightful commentary on the impact of tariffs and the broader geopolitical implications of the Trump administration’s economic stance on China.

As questions emerged around rising consumer costs—particularly in relation to brands like Nike—Phillips provided a deeper context behind the administration’s approach to resetting the U.S.-China trade relationship. He emphasized that while short-term turbulence is expected, the president’s firm stance on China addresses long-standing issues such as intellectual property theft, market access imbalance, and unfair trade practices.

“They took advantage of our nation for far too long,” Phillips stated. “We needed to get tough with them… In the long term and midterm, this is good for the United States.”

Highlighting Nestpoint’s forward-looking approach to global strategy and government affairs, Phillips positioned the tariffs not just as an economic measure, but as part of a necessary recalibration in global trade policy—an effort Nestpoint supports as it continues to advise leading firms across the finance, manufacturing, and technology sectors.

This broadcast also touched on Memorial Day travel forecasts and gas price trends, featuring commentary from business analyst Seth Densson.

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.

The full segment aired on Newsmax and can be viewed here.