Washington – Business Roundtable today issued the following statement regarding the Administration’s decision to identify $200 billion worth of Chinese products to potentially face additional tariffs:
“Quadrupling down on a ‘shoot first’ approach with the Chinese government will only make it harder to achieve a fair and level playing field for American companies to compete in China. Risking a trade war with more tariffs will only invite more retaliation that will cause significant harm to the U.S. economy.
“Instead, the Administration should be squarely focused on the long-term economic objective of protecting U.S. workers and businesses. The best way to achieve that objective is to work with our allies and place coordinated pressure on China to end their harmful trade and investment practices.”