Remove trade war tariffs ahead of Joe Biden-Xi Jinping meeting, US business groups urge

[onebyone]

Remove trade war tariffs ahead of Joe Biden-Xi Jinping meeting, US business groups urge

• Two dozen American business associations call on the US government to remove tariffs and broaden exemptions
• US-China Business Council-led group says the duties continue to cause economic harm to US businesses, farmers, workers, and families

Jodi Xu Klein
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Published: 9:00pm, 14 Nov, 2021

The business community has been caught in the middle of the US-China trade war in recent years. Photo: EPA-EFE


Two dozen American business associations sent a letter to senior US trade officials on Friday, urging the White House to reduce tariffs on Chinese goods and broaden the scope of import duty exemptions to restore the competitiveness of US businesses.
In the letter, addressed to US trade representative Katherine Tai and Treasury Secretary Janet Yellen, the group urged the administration to remove the tariffs and requested “immediate action to significantly broaden the tariff exclusion process to provide additional relief to Americans”.

Remove tariffs ahead of Biden-Xi meeting, urge US business groups

Two dozen American business associations call on the US government to remove tariffs and broaden exemptions to import duties.

www.scmp.com

 

[S10]

No don't remove tariff. China should push higher inflation in US by increasing prices.

 

[Shotgunner51]

No don't remove tariff. China should push higher inflation in US by increasing prices.

Agree. In fact China has imposed 25% export tax since July on a range of high-value steel products. No, you didn't hear wrong, it's EXPORT TAX.

 

[hirobo2]

These MFers are so predictable. They're plotting to nose dive the world stock markets after Beijing 2022 just like they did right after Beijing 2008. This is the most dangerous part for investors world wide, the few months leading up to February 2022.

So, they will make everything smell like rose... Release Meng, ammend ties with China, dispel tariffs, etc. Just to make investors world wide wanna gobble up stocks at the market top!

 

[Beast]

@Viva_Viet would cried if they heard this from US.