Overview
IBA News quoted Eric Emerson in an article titled "US-China Trade War Intensifies as WTO Reaches 'Debilitating' Dispute Settlement Impasse." The article, published November 14, discusses how escalating trade tensions between the US and China are increasing the possibility of an all-out trade war between Washington and Beijing.
Emerson, chair of Steptoe's International Trade and Investment Group, says: "These tariffs are costing US businesses millions of dollars, and are forcing US businesses to make difficult commercial decisions in an extremely uncertain legal environment. Even if these tariffs were to disappear tomorrow, the genie is now out of the bottle, and it seems impossible to believe that we could go back to the business assumptions prevailing before these tariffs were imposed."
The full article can be read at IBA News.
