Tom McCarthy Quoted in Law360 on Impact of U.S.-China Relations on Trade
Thomas McCarthy, a partner at Akin Gump and leader of the firm’s international trade practice, has been quoted in the Law360 story “3 Big International Trade Questions For The Rest of 2017.”
McCarthy addresses the topic of U.S.-China relations during the Trump administration, with the article noting that President Trump spent much of last year’s campaign calling China out for various trade practices that he said were hurting U.S. competitiveness. Washington and Beijing have announced a deal to increase market access for U.S. beef into China, but there are still other issues to be resolved.
According to McCarthy, Mr. Trump, on more than one occasion, has suggested he will offer more concessions to China if it helps the United States crack down on North Korea. That strategy, he added, has taken on increased significance since Pyongyang’s recent long-range missile test.
“The close relationship between trade and national security, and the idea of using North Korea as a lever to work with China, that to me is a fascinating story to track,” said McCarthy. “If the president wants to demonstrate both progress on trade and progress on North Korea … this would be a way to wrap those two things together, and I would consider that a pretty impressive achievement.”