Over 600 U.S. companies sign letter in support of Trumpís tariffs

Photo credit: MANDEL NGAN/AFP/Getty Images
Henry RodgersCapitol Hill Reporter
June 21, 201911:29 AM ET

  • Fshow Over 600 American companies support President Donald Trumpís use of tariffs on China.
  • The Daily Caller obtained a letter to be submitted during a public hearing by the Office of the United States Trade Representative.
  • Trump has threatened to slap China with new tariffs on $300 billion in Chinese imports.

Over 600 companies based in the U.S. signed a letter Friday in support of the tariffs President Donald Trump slapped on China, citing a boost in American jobs and lower costs for their businesses.

The letter, shared first with the Daily Caller before the hearing, will be submitted during testimony Friday before the Office of the United States Trade Representative (USTR). The USTR has been having hearings all week regarding proposed tariffs on approximately $300 billion worth of Chinese products.

It is the intention of Coalition for a Prosperous America (CPA), Chief Economist, Jeff Ferry to present the letter Friday morning during his testimony to the USTR. This letter pushes back on the letter last week that asks Trump to stop the tariffs on China. Those signers were mostly big-box retailers who manufacture their products in China.
This all comes as President Donald Trump said that he is considering slapping China with more tariffs if Chinese President Xi Jinping does not meet with him during the G-20 summit in late June. Since, the warning, the two have agreed to meet. However, Trump said if Xi does not attend the event, he will immediately impose new tariffs on $300 billion in Chinese imports, including a number of consumer products.
During the last G-20 summit in December, Trump was able to get a number of deals from Xi Jinping in exchange for not implementing any new tariffs on Chinese goods.

(RELATED: Trump Floating More China Tariffs If Xi Doesnít Sit Down At G20)

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