Reading The China Tariff Tea Leaves

Law360 (July 5, 2018, 3:00 PM EDT) -- In April, the Trump administration proposed a 25 percent tariff on hundreds of imported Chinese products worth approximately $50 billion, in a measure aimed at addressing China’s perceived unfair trade practices. On June 15, 2018, the U.S. made this tariff a reality, immediately sparking retaliation from Beijing.

Three days later, President Donald Trump escalated the rhetoric, indicating that the administration was prepared to impose tariffs on another $200 billion worth of Chinese imports if China chose to retaliate rather than address its practices. All in all, the tariff could eventually cover most of China’s exports to the United States, which in...

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