Clark Hill attorney Mark Ludwikowski featured on NTD Television to Talk Tariff Deal
A year and a half after launching a trade war against China, President Trump signed a partial truce on Wednesday, January 15, 2020. The president agreed to relax some of the tariffs imposed on Chinese imports, and in return, Beijing has agreed to buy more American products and make other structural changes to the Chinese economy overall. The deal is said to reduce tariffs on both the American and Chinese sides. This is known as Phase 1 of the deal, and the president tweeted that he will visit Beijing at a later date to discuss signing Phase 2.
Clark Hill attorney Mark Ludwikowski was featured on ND TV to give commentary on the tariff deal agreement signing, citing cautious optimism on the deal.
“Certainly the reduction in tariffs helps US importers because they have to pay those tariffs, so we are optimistic that it will work and that China is serious about making it work.”
The segment is located between 5:17-8:15. Tune in here.
Ludwikowski is the leader of Clark Hill's International Trade Practice and member in the Washington, D.C. office. His extensive capabilities focus on all areas of U.S. trade regulatory compliance and policy, including trade remedies, international trade litigation, customs, export controls, and sanctions law. He also counsels clients on issues arising from international trade agreements, including the North American Free Trade Agreement (NAFTA) and World Trade Organization (WTO).