After a recent announcement from Republican lawmakers of their intention to impose punitive tariffs on a range of goods imported from China that benefit from US intellectual property, many trade groups and retailers have voiced major concerns.
Concerned parties from the textile, apparel and footwear industries as well as technology and consumer electronics are sending letters to the President urging him to reconsider these tariffs that they say will hurt US retailers and consumers.
Under section 301 of the trade act, the government has given itself the power to unilaterally impose sanctions against countries which it decides are not trading fairly.
Vandegrift is following this situation closely and will continue to provide new information as it becomes available.