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U.S.-China trade war illustration with containers decorated with the flags of the two countries colliding. The U.S.-China trade war has escalated. Photo: Shutterstock

The trade conflict between the United States and China has lasted more than a year, and lawyers are worn out. The utter lack of predictability might have increased the demand for legal advice, but the prospect of the world’s largest economies locked in a perpetual full-blown economic confrontation is not good news for anyone, including lawyers.

The year-long negotiations, which had many believing a workable resolution would be achieved, took a sudden turn for the worse earlier this month in the form of a series of tweets from President Donald Trump. To the surprise of many, the president threatened to raise tariffs from 10% to 25% on an additional $200 billion worth of Chinese imports. The U.S. government quickly followed through on the new tariffs; China immediately responded by increasing tariffs on $60 billion worth of U.S. goods, mostly agricultural products.

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