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Consultants May Be Losers from 301-Inspired Trade War

China 2527 Tariffs 1613 Trade Balance 847 U.S. 4472

The U.S. Trade Representative, Robert Lighthizer, will proceed with a section 301 investigation of Chinese laws on intellectual property protection and technology transfer. That comes just four days after President Trump’s Executive Order. While the President can take action against Chinese goods exports as one form of action, due process has to be followed. That includes consultations with China to determine whether they will change their laws. If they don’t then broad tariffs could be implemented. In turn, China could retaliate against key U.S. exports, including agriculture, aerospace...

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