Oblon, Spivak's Jeffrey Kaufman Quoted in World Trademark Review Blog

Oblon, Spivak's Jeffrey Kaufman is quoted in the World Trademark Review Blog regarding the new House bill, H.R. 3375, currently before the House of Representatives. It 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 describes the proposal as an “interesting approach”, but adds he “isn’t optimistic that it’s the solution to the complex problem… China could just impose retaliatory duties on US goods and services entering China or initiate World Trade Organisation action.”

Mr. Kaufman added that the bill, if passed, has the potential to alter the Asia to US trading landscape, with one possible effect being that manufacturing of some goods would be moved to other countries where costs of manufacturing are similarly low: “If enacted, the impact would be on all goods manufactured in China, and the implications may be far greater than simply addressing the serious counterfeiting problem. The impact may prove more beneficial to some of the United States' trading partners, like Japan and Korea, than it would to US companies.”

Please click on the above link to read the full article.