US-China Trade Tensions

Steptoe International Trade Law Advisory hve issued the following update on US-China Trade Tensions

  • The United States Trade Representative’s (USTR) announcement to increase tariffs on US $200 billion worth of Chinese imports from 10% to 25%
  • The USTR’s announcement to establish a “List 4” covering essentially the remaining US $300 billion worth of Chinese imports
  • The Chinese government’s retaliatory response of levying steeper tariffs on a previously targeted $60 billion worth of US imports
  • The Chinese government’s announcement of a product exclusion process for merchandise subject to China’s retaliatory tariff lists

Lastly, we provide thoughts on how affected companies can manage their exposure to new and impending trade measures. Click here for more

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