Commerce Expands Semiconductor Export Controls, Trump Threatens New China Tariffs, and NDAA Negotiations Continue
The US-China commercial relationship is at a crucial juncture. Over $500 billion in reciprocal tariffs remain in place, weighing on US competitiveness, jobs and economic growth. Trade tensions have increasingly blurred the lines between commercial and national security domains. Yet China remains the United States’ third largest trade partner, and Arkansas’ fourth largest. In 2019, Arkansas exports to China supported over 5,000 American jobs. While there are challenges that must be addressed, China is the worlds’ second largest economy that is too dynamic to ignore.
USCBC Vice President for Government Affairs and Denise Henderson, Director for Africa and Middle East Trade at the Arkansas World Trade Center discussed the importance of the US-China trade relationship in a public webinar. Watch the full event below!