Comment on American Businesses in China Warn of a ‘Downward Spiral’ After Trump’s Tariff Hikes

American Businesses in China Warn of a ‘Downward Spiral’ After Trump’s Tariff Hikes

(BEIJING) — The American Chamber of Commerce in China says Beijing will “dig its heels in” after U.S. tariff hikes and appealed for a negotiated end to their trade battle. The chamber on Tuesday warned a “downward spiral” appears certain after President Donald Trump approved a tariff hike on $200 billion of Chinese imports in a dispute over Beijing’s technology policy.

 

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