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USCBC Statement on New Proposed US Tariffs on $200 Billion in Imports

WASHINGTON, DC, July 11, 2018 - In response to Tuesday's announcement by the Office of the US Trade Representative of its plans to move forward with a 10 percent tariff on an additional $200 billion worth of Chinese imports, USCBC President John Frisbie released the following statement:

"Enough is enough. The United States and China need to stop the needless escalation of a tariff war and start working on solutions that will address the real concerns that American companies have about China’s...

American Firms Relocate Some China Production, U.S. Group Says

American companies with supply-chain exposure to China have shifted some production to other countries as U.S. tariffs begin to bite the world’s second-biggest economy -- and they’re planning for a bigger shift should those duties mount. That’s according to Jacob Parker, the vice president for China operations for the U.S.-China Business Council in Beijing, which represents about 200 American companies doing business with China. Brazil and the European Union are among places to which American companies...