Businesses Testify to USTR Regarding Additional Trump Tariffs

Some of the nation’s business leaders recently participated in seven days of hearings with the Office of the United States Trade Representative in an effort to sway the Trump administration from imposing tariffs on an additional $300 billion in Chinese goods, The New York Times reports. The group — comprised of toymakers, telecom officials, port workers and shoemakers — joined existing detractors, arguing that additional levies would further raise costs for consumers, disrupt supply chains and could force them to lay off employees or close. The administration says that these levies are necessary to curb China’s violation of international trading rules. President Trump will meet with President Xi Jinping of China at the end of this week to discuss the tariffs and a new trade deal, but business owners remain doubtful that an agreement will be reached.

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