lunes, 17 de junio de 2019

US companies’ message to Donald Trump: Don’t expand China tariffs | World News, The Indian Express

US companies’ message to Donald Trump: Don’t expand China tariffs | World News, The Indian Express

By AP |Washington |Published: June 17, 2019 1:32:22 pm

US companies’ message to Donald Trump: Don’t expand China tariffs

Hundreds of businesses, trade groups and individuals have written to complain that the additional import taxes would drive up prices for consumers, squeeze profits and leave US companies at a competitive disadvantage to foreign rivals.

US China trade tariff, US China trade war, Donald trump, united states, china, US-China relations, world news, indian express
Eleven rounds of negotiations have failed to resolve the dispute over China’s aggressive drive to surpass America’s technological dominance. (Reuters)


What happens if President Donald Trump carries out his threat to impose tariffs on the remaining USD 300 billion in Chinese goods that he hasn’t already hit with 25 per cent import taxes?

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