802 Tariffs, Trade Wars & the Global Supply Chain
Date & Time
Friday, October 18, 2019, 11:20 AM - 12:20 PM
The recent rise in tariffs affecting global trade are having a huge impact on both local and international businesses - not to mention, there’s been discussion of a renegotiation of NAFTA and proposal of pulling out of the WTO. Other countries have begun to retaliate on the high tariffs imposed by the US with counter-tariffs on American goods, thus creating a “trade war”. Many local corporations are being affected as the cost continues to rise, which also impacts the cost to consumer. So what are the options for companies to keep the costs down? Aside from asking for exemptions on certain tariffs, what can GCs and in-house counsel do at this time? And what are the legal implications of these new sanctions for companies with overseas operations? This session will explore how trade wars are impacting the decisions that GCs must make for their businesses, and also discuss potential solutions for organizations with global operations.