More than 600 companies including Walmart and Costco sent a letter to Trump begging him not to increase China tariffs
|06/14/2019||Posted by BusinessMediaguide.Com under General World News||
- More than 600 companies and trade groups sent a letter to the Trump Administration warning of catastrophic effects on American consumers from the escalation of tariffs on Chinese goods.
- “We remain concerned about the escalation of tit-for-tat tariffs,” the letter reads. “We know firsthand that the additional tariffs will have a significant, negative and long-term impact on American businesses, farmers, families and the US economy.”
- Companies large and small signed the letter, including Walmart, Target, Macy’s, and Costco.
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Companies across America are not taking the Trump Administration’s tariffs on Chinese goods lying down.
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