Credit: Annawet boongurd/Adobe StockU.S.- China Trade War: Lawyers and Clients Left 'Relying on the Governments to Sort This Out'
“It cannot be challenged or changed through any individual client or company’s own actions, so ironically, I don’t know that there is much that the companies can do other than relying on the governments to sort this out,” said a U.S. law firm partner.
February 07, 2025 at 07:02 AM
3 minute read
China has retaliated swiftly and strongly after U.S. President Donald Trump imposed 10% tariffs against China last Saturday.
In an immediate slew of retaliatory actions, Beijing announced new levies on key U.S. exports, including a 15% tariff on coal and liquefied natural gas, and a 10% tariff on crude oil, farm equipment, and some automobiles, effective February 10.
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