WASHINGTON, D.C. — The U.S. Chamber of Commerce today reinforced its opposition towards imposing tariffs on imports from China, and its commitment to enhancing U.S.-China trade relations. Previewing the Chamber’s comments to be submitted to the Office of the United States Trade Representative on Monday, Executive Vice President and Head of International Affairs Myron Brilliant said tariffs hurt American businesses, the economy and consumers.
"Notwithstanding our support for the Administration’s commitment to free, fair and reciprocal trade and our serious concerns about Chinese trade policies and practices as documented in the March 2018 findings of USTR’s Section 301 investigation, we reiterate our vigorous opposition to unilateral tariffs as a policy response," said Brilliant.
"The existing 25 percent tariffs on $250 billion of Chinese exports are already inflicting grave harm to U.S. consumers, farmers, ranchers and businesses. Proposed tariffs on an additional $300 billion of Chinese imports would only expand the damage to these groups and the broader economy without a clear pathway forward to achieve meaningful results for U.S. constituents impacted by unfair Chinese practices.
"We urge the Administration to use the upcoming G20 meeting in Osaka to return to the negotiating table, with the aim of striking a high-standard, comprehensive, enforceable agreement soon that puts an end to tariffs already in place and forestalls further disruptions to all Americans."