When It Comes to Tariffs, Many U.S. Companies Are on China’s Side

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As President Trump and China's President Xi prepare for the G-20 summit, U.S. businesses warn of expected damage from proposed tariffs

WASHINGTON—Chinese President Xi Jinping isn’t the only one pushing President Trump to lay off on tariffs.

As the two leaders gear up for their trade meeting in Osaka, Japan, on Saturday—where tariffs will be a central point of discussion—U. S. businesses are warning that new 25% duties on $300 billion a year of Chinese goods will wreak widespread direct and collateral damage.

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 /  🏆 98. in TH
 

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EXPLAIN IT TO POTUS

A message to the few from the Shadow Banned: The Dem's just keep chipping away. Rumors, innuendos, outright lies, spread divisive stories. All out of the communist manifesto. (And Chicago politics, the home of communist party in America.)

Until supply chains move. Move them now to prevent losses later

The only reason America companies are on the side of China is because all their supply chains are based in China. Also they gave away all their intellectual property to have their products made in China. Let’s be honest American companies sold their souls to China!

Why don't these business support Trump and collectively tell Xi to get his shit together.

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