BUSINESS/CHINA/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “More than 600 companies and trade associations, including Walmart and Target, have signed a letter telling President Donald Trump that an escalating trade war with China will hurt families, jobs and the U.S. economy. The letter, dated Thursday [6-13-19] and organized by a business coalition called Tariffs Hurt the Heartland, comes as the US. Trade Representative’s office is set to hold public hearings Monday that will consider extending the 25% tariffs to practically all Chinese imports not already hit with levies, including toys, shirts, household goods and sneakers. Trump has already imposed 25% tariffs on $250 billion of goods from China. The letter calls for the White House to remove the tariffs, saying they will have ‘a significant, negative long-term impact on American businesses, farmers, families and the U.S. economy.’”
–Associated Press, “Hundreds of Companies Decry Tariffs in Letter to Trump,” The New York Times online, June 13, 2019