Tuesday, June 2, 2020

More than 600 US companies demand Trump to resolve trade dispute with China

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Zubair Yaqoob
Zubair Yaqoob
The author has diversified experience in investigative journalism. He is Chief content editor at wnobserver.com He can be reached at: [email protected]

More than 600 US companies have sent a letter to US President Donald Trump asking him to settle differences on trade with China.

According to “Russian news network”, number of US giant companies such as Walmart Inc, Target Corp. and others sent a letter to the US president, expressed concern about the escalation of graphic wars, and considered that the fees are not an effective tool to change China’s unfair behavior in the field of trade,  US companies will bear the tax burden of charging fees not China.

The letter is part of a trade anti-tariff campaign that Trump is planning to impose on China and other US trading partners, supported by more than 150 trade groups operating in agriculture, industry,.

This comes ahead of the G-20 summit in Osaka, Japan, scheduled for June 28-29, during which Trump may meet with Chinese President Xi Jinping.

Read also: Trump defends the strategy of fees against China

Zubair Yaqoob
Zubair Yaqoob
The author has diversified experience in investigative journalism. He is Chief content editor at wnobserver.com He can be reached at: [email protected]

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