US companies voice concern over China trade dispute

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Letter from 600 firms tells US President Donald Trump tariffs are not an effective tool to change Beijing’s unfair trade practices

Walmart’s logo is seen outside one of the stores in Chicago, the US. Picture: REUTERS/KAMIL KRZACZYNSKIWalmart, Target and more than 600 other companies urged US President Donald Trump in a letter on Thursday to resolve the trade dispute with China, saying tariffs hurt US businesses and consumers.

With less than three weeks to go before talks between Chinese and US leaders, expectations for progress towards 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. Walmart, the largest US private sector employer and the world’s largest retailer, has said tariffs will increase prices for US consumers.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asian stocks cautious as traders await Chinese dataMarket focus is on China industrial production and retail sales
Source: BDliveSA - 🏆 12. / 63 Read more »