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Risk mitigation strategies amid U.S.-China trade tensions

Jaclyn Jaeger | June 14, 2018

The tit-for-tat trade war between the United States and China has placed a number of industries in a tight spot, having to figure out how to navigate in an ever-changing, unstable landscape. 

Concerns among business leaders have mounted following a memorandum President Trump issued March 22 authorizing the United States Trade Representative (USTR) to investigate and act against China’s “unfair and harmful acquisition of U.S. technology.” That memorandum, among other measures, directed that the USTR propose additional tariffs on a wide range of Chinese products. 

Targeted sectors include aerospace, information communication technology, and machinery. On a broader scale, nearly all industries will feel the impact—oil and gas, iron and steel, medical devices, life sciences, retail, agriculture, consumer goods, and many more. 

The USTR on June 15...

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