Escalating trade conflict will likely damage U.S. and Chinese economies


Expert Pitch

President Donald Trump announced a fresh round of tariffs on $200 billion in Chinese goods, prompting a promise of retaliation from China and further escalating trade tensions.

Phil Levy is an adjunct professor of strategy at Kellogg School of Management at Northwestern University and a senior fellow at The Chicago Council on Global Affairs. He is available to speak about the trade conflict, and he can be reached by contacting Molly Lynch at 773-505-9719 or molly@lynchgrouponline.com

Quote from Professor Levy

“The recent escalation of the trade conflict between the United States and China was both predictable and unfortunate. It is likely to be damaging to both economies, it will undermine the rules-based global trading system, and it is likely to fail in its attempt to address some valid concerns about Chinese economic behavior.”

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