Companies Need More Help With the Rules of the Trade War
Like-minded democratic governments need to set up guardrails to help firms currently hedging their bets between the U.S. and China.
U.S. Trade Representative Jamieson Greer testifies before the Senate Finance Committee, April 8, 2025. Credit: Mark Schiefelbein via AP Images
Since January this year, global companies have been forced to navigate tariff increases, regulatory investigations, export controls, and import bans as the People’s Republic of China and the U.S. have engaged in a trade war that has drawn in many other countries and regions.
Yet in the face of rapidly changing rules and fluctuating diplomatic relations, many chief executives continue to hedge their bets between the world’s two economic superpowers, running the risk of financial pena
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