China, US Trade Disputes Have Global Reach: Attys

Law360 (October 30, 2009, 5:53 PM EDT) -- If the recent trade tensions between the U.S. and China escalate into a full-scale conflict, not only American and Chinese companies but also their suppliers and competitors in other countries may be affected, international trade lawyers say.

The current tensions between the U.S. and China — the world's largest and third-largest markets, respectively — began when President Barack Obama imposed a 35 percent tariff on Chinese tires, invoking a special safeguard included in China's accession to the World Trade Organization allowing WTO members to impose tariffs on Chinese imports that threaten domestic industries.

China, in turn, has launched investigations of American...

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