USCBC in the News

08/15/2019

"It is the first recognition by the Trump Administration that the president's tariffs are hurting consumers," Doug Barry, spokesman for the US-China Business Council, which encompasses companies, told Efe on Wednesday. For the business association, this delay "seems to be motivated by the desire to avoid affecting consumers during the Christmas shopping season," a theory that Trump himself has defended in statements to journalists.

08/15/2019

“Most of the tariffs up to now have been affecting business to business products, not business to consumer products. And even though that has increased cost for American companies they have been able to mitigate those costs instead of passing them on to consumers. But once tariffs are on absolutely everything that we import from China, which is what will be the case as of Dec. 15, and once they are covering consumer goods explicitly, it’s not going to be possible for companies to just keep absorbing all...

08/14/2019

With the delay in tariffs and some ambiguity in its statement, “the USTR has left itself an enormous amount of wiggle room,” said Craig Allen,president of the US-China Business Council, which represents many large multinational firms doing business in China. “Where do we come out of all this? Final decisions haven’t been made,” he said.

06/28/2019
Julian Emanuel, chief equity & derivatives strategist at BTIG, and Craig Allen, president at US-China Business Council,...
06/28/2019
Craig Allen, US-China Business Council president, discusses the prospects for a trade deal between China and the US as the...
06/27/2019
Trade is the major economic engine of many of Iowa’s predominantly rural counties that form the bulwark of support for Trump in...
06/27/2019
Craig Allen, president at US-China Business Council, discusses the business impact of the US-China trade war and how close both...
06/27/2019
However, it remains a long shot that the two sides can resolve all their remaining differences in the few days before the...
06/26/2019
Fourthly, the tariff measures lead to barriers to US exports to China. The 2019 State Export Report, published by the US-China...
06/26/2019
The US-China Business Council would welcome an agreement to restart negotiations because that would help reduce business...
06/26/2019
“We are hearing from US manufacturers and US retailers that, if ‘List 4’ is implemented, prices will go up in the United States...
06/26/2019
Craig Allen is president of the US-China Business Council. He has spent much of his career in Asia, including time as US...
06/25/2019
Doug Barry, a spokesman for the U.S.-China Business Council, noted that the possibility of long-term damage to state economies...
06/25/2019
US-China Business Council president Craig Allen says a trade agreement is within reach, but is dependent on both leaders having...
06/24/2019
The US exported roughly $250 billion worth of goods to China in 2018, according to Erin Ennis, senior vice president of the US...
06/24/2019
In an interview with CGTN, Craig Allen, president of the US-China Business Council, said he regrets the decline in Chinese...
06/24/2019
Agriculture, electronics, industrial processes represent the largest percentage of US exports and are at most risk from Trump's...
06/21/2019
"Let them get to the word 'yes,' "we have an agreement," Craig Allen, president of the US-China Business Council, told a...
06/21/2019
“We have already proven that we can hurt each other,” said Craig Allen, president of the US-China Business Council, addressing...
06/21/2019
Other trade watchers are similarly bearish about prospects for a breakthrough in Japan. “Both presidents are under pressure to...
06/21/2019
"From a macroeconomic standpoint, we should recognize that long-term Chinese foreign direct investment in our economy gives us...
06/21/2019
USCBC’s Director of Business Advisory Services stopped by CGTN to discuss the impact of tariffs on US companies.
06/19/2019
US-China Business Council senior vice-president Erin Ennis said that tariffs were not the right tool to get China back to the...

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