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USCBC Statement on Recent China Tariffs Announcement

June 19, 2018

WASHINGTON, DC, June 19, 2018 - Following Monday’s White House announcement of additional tariffs on up to $450 billion in imports from China, US-China Business Council (USCBC) President John Frisbie issued the following statement:

“None of the actions taken to date by either the United States or Chinese governments will address the problems that American and other foreign companies face in China. Rather than simply engage in one-upmanship, the business community wants to see...

China calls for calm as trade row wipes out 2018 Dow gains

US business groups said members were bracing for a backlash from the Chinese government that would affect all American firms in China, not just in sectors facing tariffs. Jacob Parker of the US-China Business Council in Beijing, said China would undoubtedly "begin looking at other ways to enforce action against US companies that are operating in the market"