John Strom Assesses Economic Decoupling from China, Impact to Auto Industry

Foley & Lardner LLP special counsel John Strom is quoted in the U.S. News & World Report article, “What Do Potential Trump Tariffs Mean for Car Buyers?“

With protective tariffs targeting imported automotive and automotive parts on the horizon, vehicles and components manufactured in China will likely be impacted.

“Decoupling our economy from China is one of the few issues that’s bipartisan,” explained Strom in a webinar on post-election issues for the automotive industry.

“Threats to revoke China’s trade status should be taken seriously,” he added.