Business Standard

Next China tariffs to cost Americans from cradle to grave: Firms

- Washington, 20 August

A broad cross-section of US businesses has a message for the Trump administra­tion: New tariffs on $200 billion of Chinese imports will force Americans to pay more for items they use throughout their daily lives, from cradles to coffins.

Six days of public hearings on the proposed duties of up to 25 per cent will start on Monday in Washington as part of President Donald Trump’s and the US Trade Representa­tive’s efforts to pressure Beijing for sweeping changes to its trade and economic policies.

Unlike previous rounds of US tariffs, which sought to shield consumers by targeting Chinese industrial machinery, electronic components and other intermedia­te goods, thousands of consumer products could be directly hit with tariffs by late September.

The $200 billion list targets Chinese seafood, furniture and lighting products, tires, chemicals, plastics, bicycles and car seats for babies. “USTR’s proposed tariffs on an additional $200 billion of Chinese imports dramatical­ly expands the harm to American consumers, workers,

businesses, and the economy,” the US Chamber of Commerce said in written testimony for the hearing.

The top US business lobbying group said the Trump administra­tion lacks a “coherent strategy” to address China's theft of intellectu­al property and other harmful trade practices and called for "serious discussion­s" with Beijing.

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