More Than 500 Companies, 100 Associations Ask Trump to Stop Trade War With China
Tariffs Hurt the Heartland sent a letter to President Donald Trump June 13 saying that he should push China to change its trade practices, but said, "broadly applied tariffs are not an effective tool to change China’s unfair trade practices." The letter, signed by 520 companies and 141 associations, said, "We remain concerned about the escalation of tit-for-tat tariffs. We know firsthand that the additional tariffs will have a significant, negative and long-term impact on American businesses, farmers, families and the U.S. economy."
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"An escalated trade war is not in the country’s best interest, and both sides will lose," they said.