Is President Trump’s Tariff Package Against China Feasible?
President Trump is preparing to impose a package of $60 billion in annual tariffs against Chinese products after his aides recommended a $30 billion package. This has been a long-time threat that the president says will punish China for intellectual property theft and in turn, create more American jobs. The tariff package could be applied to more than 100 products, which Trump argues were developed by using trade secrets the Chinese either stole from U.S. companies or forced them to hand over in exchange for access to its massive market. But, is Trump’s tariff package feasible?
Nelson Dong, a senior partner at the international law firm Dorsey & Whitney law firm and co-head of its Asian Practice Group, shared his expertise after hearing that President Trump is preparing to impose a package of $60 billion in annual tariffs against China, which he plans to reveal by the end of the week. Dong has … Click HERE to continue reading
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