A delegation of U.S. businesses will meet in Washington on Tuesday for three days of hearings to challenge the White House’s protectionist trade policy towards China, the Wall Street Journal reports, on grounds that it will negatively impact America’s manufacturing industry.
The companies, covering all levels of the business hierarchy from General Electric to local manufacturers, will argue that elevated trade tensions could disrupt global supply-chains as well as trigger retaliation that will cripple exports.
“The administration has attempted to assure Americans that it has a strategy to resolve trade frictions with China without excessive collateral damage to U.S. economic interests,” the U.S. Chamber of Commerce said in a statement ahead of the hearings. “However, these assurances lack the coherence that would provide comfort to those businesses, farms and workers whose livelihoods are being put at risk.”
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