Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsOver 600 U.S. companies urge Trump to resolve trade dispute with China
Posted on Thu, Jun 13th, 2019 by Reuters
Over 600 U.S. companies urge Trump to resolve trade dispute with China
By Nandita Bose
WASHINGTON (Reuters) Walmart Inc, Target Corp and more than 600 other companies urged U.S. President Donald Trump in a letter on Thursday to resolve the trade dispute with China, saying tariffs hurt American businesses and consumers.
This letter is the latest of many sent to the Trump administration by Tariffs Hurt the Heartland, the national campaign against tariffs supported by more than 150 trade groups representing agriculture, manufacturing, retail and tech industries.
But it is significant as U.S.-China trade tensions escalate and comes before a possible meeting between Trump and Chinese President Xi Jinping at the June 28-29 G20 summit in Osaka, Japan. Trump has said he wants to meet Xi there and will decide on whether to extend tariffs to almost all Chinese imports after that.
With less than three weeks to go before talks between Chinese and U.S. leaders, expectations for progress toward ending the trade war are low. Sources have told Reuters there has been little preparation for a meeting even as the health of the world economy is at stake.
We remain concerned about the escalation of tit-for-tat tariffs, the new letter sent on Thursday said. Broadly applied tariffs are not an effective tool to change Chinas unfair trade practices. Tariffs are taxes paid directly by U.S. companies
not China.
more...
https://www.politicususa.com/2019/06/13/over-600-u-s-companies-urge-trump-to-resolve-trade-dispute-with-china.html
InfoView thread info, including edit history
TrashPut this thread in your Trash Can (My DU » Trash Can)
BookmarkAdd this thread to your Bookmarks (My DU » Bookmarks)
3 replies, 455 views
ShareGet links to this post and/or share on social media
AlertAlert this post for a rule violation
PowersThere are no powers you can use on this post
EditCannot edit other people's posts
ReplyReply to this post
EditCannot edit other people's posts
Rec (2)
ReplyReply to this post
3 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
Over 600 U.S. companies urge Trump to resolve trade dispute with China (Original Post)
babylonsister
Jun 2019
OP
ananda
(28,873 posts)1. They will have to bribe him.
A letter alone wont do it.
NewJeffCT
(56,828 posts)2. yep - they need to sit down with him and do this:
bdamomma
(63,917 posts)3. probably the only
thing he understands how to do.