1. Home
  2.  | 
  3. Uncategorized
  4.  | What impacts will the U.S.-China summit have on U.S. businesses?

What impacts will the U.S.-China summit have on U.S. businesses?

On Behalf of | Apr 5, 2017 | Uncategorized

Tomorrow kicks off a U.S.-China summit. The summit is between President Donald Trump and the Chinese leader Xi Jingping.

A lot of eyes will be on the summit. This includes the eyes of many companies here in the U.S., such as those with business ties to China. Among the issues the summit could touch on are those related to trade and business.

U.S.-China trade and business policies can affect a wide range of different businesses here in America. The tech industry and the auto industry are among those that have recently expressed concerns regarding such policies.

There many issues related to China that U.S. businesses have shown concerns over, including the possibility of a trade war, China’s rules and policies regarding market access, tariff levels and China’s soon-to-take-effect cyber-security law.

One wonders what sorts of trade and business topics will end up being addressed in the summit and what impacts the summit will have regarding issues of concern for U.S. businesses, like those mentioned above.

There is currently a lot of uncertainty on what the upcoming summit will result in. This underscores the high amount of uncertainty there currently is for businesses when it comes to U.S-China trade/business policies.

Such uncertainty is one of the many things that can pose challenges for U.S. businesses that have ties to China or are looking to start up such ties. Such uncertainty can cause the legal situation of such companies to be in a constantly evolving state and the legal issues such companies are dealing with to regularly shift and change. Skilled U.S.-China business law attorneys can help U.S. businesses address their evolving legal needs when navigating this uncertain environment.

Source: Reuters, “U.S. business seeks action, not trade war, in Xi-Trump summit,” Michael Martina and Diane Bartz, April 5, 2017