Have the U.S. and China progressed from a trade war to a cold war?
The term “cold war” carries echoes of the decades-long battle for strategic supremacy between the U.S. and the Soviet Union. But it might be no exaggeration to apply that label to the fractious modern-day relationship between the U.S. and China. Trade lies at the heart of the matter, but other issues intrude, including the controversy over China’s global investments, currency policies, dominant role in global communications technology, and lack of intellectual property protection. On this episode, we speak with Alexander Koff and Ed Wilson, partners in the law firm of Venable LLP, about the implications of a brewing “cold war” with China, and how it threatens U.S. businesses. In the face of such tensions, can American importers and exporters shift focus to other countries for sourcing and sales? What are the long-term implications for global supply chains? Hosted by Bob Bowman, Editor-in-Chief of SupplyChainBrain.
A Venable client alert: “COVID-10, the Deterioration of Sino-U.S. Economic Relations, and the Impact on U.S. Businesses.”
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