Oblon, Spivak's Jeffrey Kaufman Quoted in SupplyChainBrain Regarding the Proposed House Bill That Imposes Duties on China
Oblon, Spivak's Jeffrey Kaufman is quoted in the above article regarding the House bill that proposes a duty on all Chinese imports in an effort to collect lost revenues for U.S. businesses due to Chinese counterfeits and infringements.
Mr. Kaufman commented that draconian legislation like the House bill to punish China for failing to protect IP won't work. Putting aside the fact that it’s unlikely to pass in the current Congress, such an effort is counterproductive. The measure seeks to impose duties on all goods from China, he notes, whether or not they were produced by violating suppliers. China would almost certainly retaliate, with a bruising trade war the likely outcome.
Please click on the above link to read the full article.
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