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US Public Paid $38B Duties on Chinese Products so Far, ITI's Wilson Estimates

U.S. consumers and businesses paid $38 billion in U.S. tariffs on Chinese goods “as a result of the trade war and will continue to take hits as long as talks linger,” emailed Naomi Wilson, Information Technology Industry Council senior policy…

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director-Asia. She responded to President Donald Trump's comments he would perhaps delay a trade deal until after the 2020 presidential campaign. It’s “imperative” that both parties' “political leadership” in Congress “maintain the pressure” on the Trump administration “to reach an agreement that meaningfully addresses unfair trade practices and rolls back harmful tariffs,” said Wilson Tuesday. The White House didn’t comment Wednesday.