FOR IMMEDIATE RELEASE
Contact in Washington, DC:Doug Barry ([email protected]; 202-429-0340) Contact in Beijing:Lipei Zhang ([email protected]; 86-10-6512-5854) WASHINGTON, DC, October 11, 2019 – USCBC is pleased the United States and China have reached a tentative phase one trade agreement today, which was accompanied by a suspension of the prospective US tariff increase set for October 15. USCBC members hope that with progress made on this set of issues, sufficient...
WASHINGTON, DC, September 12, 2019 – The US-China Business Council (USCBC) applauds President Trump’s announcement to delay the scheduled October 1 tariff increase on $250 billion worth of imports from China. We hope this announcement, combined with other confidence-building measures from both governments, will create the conditions necessary for productive trade negotiations and end the cycle of tit-for-tat retaliatory actions.
“Tariffs are a tax on our businesses and consumers—the impact on...
WASHINGTON, DC, September 12, 2019 – US goods exports to China slumped last year, with the nation taking a particularly hard punch to its breadbasket. Districts dependent on agricultural exports saw sales to China shrivel as a result of the ongoing and deepening trade conflict between the world’s two largest economies.
Growth in exports to China slowed across the United States, according to a study released today by the US-China Business Council (USCBC), which counts among its members some of...
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