Video: How Corporate America Is Preparing for a Trade War With China

Corporate America is keeping an eye on President Trump's trade tariffs while simultaneously adjusting their businesses amid the boost from recently passed corporate tax cuts.
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Corporate America is keeping an eye on President Trump's trade tariffs while simultaneously adjusting their businesses amid the boost from recently passed corporate tax cuts. 

That's the assessment from Carmine Di Sibio, EY's global managing partner for client service, who said EY's clients are focused on tax reform.

"If there really is some kind of global trade war, it will be certainly devastating to the global economy, but I'm not so sure that's where we're going to be," he said.

Di Sibio said it's important to focus on what's real, such as tax reform, rather than what may or may not occur in the future.

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