Timothy D. Charlesworth, shareholder and chair of the Firm’s International Business & Trade Law group was recently asked by The Morning Call to comment on the impact of US-China Tariff’s on Lehigh Valley businesses. The article, “Despite Trump’s order, Lehigh Valley companies are staying in China” tackles the impact of the growing economic tensions between the United States and China.
The majority of the article discusses pushback from businesses on President Trump’s order for businesses to find alternative places to conduct business beyond China. Mr. Charlesworth noted that relocating operations out of China would be challenging, but some companies are opting to diversify their operations abroad. “Even if the U.S.-China tariff situation calms down, it’s still smart to have suppliers and customers in various locations around the world,” he noted. He also added that he’s heard companies are adding India and Vietnam among alternate sources.
Mr. Charlesworth oversees FLB’s International Business & Trade Law practice and has decades of experience in the international realm. FLB is one of the few law firms in the region outside of New York City or Philadelphia with substantial experience in representing and advising domestic companies doing business overseas and foreign companies operating in the United States. Contact Mr. Charlesworth or one of the other members of our International Team for solutions to your international business challenges.