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"Backing down on tariffs gives U.S. manufacturers who are thinking about building capacity back up heartburn," said one GC. Meanwhile, trade lawyers are telling U.S. companies that trade with China to plan for the worst and consider restructuring their manufacturing chains.
December 04, 2018 at 01:09 PM
1 minute read
Here’s what’s known in the wake of President Donald Trump and China’s Xi Jinping’s meeting during the G20 summit in Buenos Aires: China and the U.S. have agreed to a 90-day truce in the trade war.
What’s still unclear? Just about everything else.
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