- Entities urge a measured response to China trade practices
- Tariff retaliation would harm U.S. manufacturers and others
The U.S. Chamber of Commerce and 44 other associations are urging President Donald Trump not to impose sweeping tariffs in response to China’s trade practices, warning the action would “trigger a chain reaction of negative consequences for the U.S. economy.”
The business groups wrote a letter to Trump on Sunday acknowledging “serious concerns” regarding what they described as China’s theft of trade secrets and other practices and policies, but they urged a measured response that avoided tariffs. The groups represent companies such as Apple Inc., Google, and Walmart Inc.
“The Administration should not respond to unfair Chinese practices and policies by imposing tariffs or other measures that will harm U.S. companies, workers, farmers, ranchers, consumers, and investors,” the groups said in the letter.
Trump has announced he would impose tariffs of 25 percent on steel…
