Your Strategy For This Stage Of The U.S.-China Trade War
What should your business do in response to the current situation between the U.S. and China? The short answer is to stay agile! We provide tips on what do do in this special report.
Although trade tensions with China have been brewing for decades, the U.S. began accelerating actions in response in early 2017 and began announcing tariffs in July 2018. Since then there have been multiple rounds of trade negotiation and actions on both sides designed to influence the other to a successful outcome. The most recent action has been an early August announcement by President Trump that a 10% tariff would be placed on an additional $300 Billion worth of products imported from China since China continues to break promises made in negotiations. The new tariffs will go into effect September 1, 2019. This is on top of the already levied 25% tariffs on $250 billion in Chinese imports.
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