As the U.S.-China trade war escalates, corporate legal departments are growing increasingly interested in finding ways to avoid getting dinged.
“The number of clients we have is going to multiply tenfold. There are going to be a lot of people looking to deal with this,” Ronald Oleynik, head of the international trade practice at Holland & Knight in Washington, D.C., predicted. He spoke with a reporter shortly after China clapped back Tuesday at President Donald Trump’s proposal to impose a third round of tariffs on $200 billion in Chinese imports. If that happens, the U.S. will have imposed tariffs on about half of all imports from China.
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