Industry Groups Ask USTR to ‘Suspend’ Tariffs, Seek Trade Talks With Chinese
More “tit-for-tat tariff escalation” by a third tranche of proposed duties on $200 billion of Chinese imports would “expand the harm to more U.S. economic interests,” wrote CTA, the Information Technology Industry Council, Internet Association, Telecommunications Industry Association and 146…
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other groups to U.S. Trade Representative Robert Lighthizer at Thursday's deadline in docket USTR-2018-0026. Holiday product disruptions are feared, said groups also including the Computer & Communications Industry Association, CompTIA, National Association of Music Merchants and Semiconductor Industry Association. The U.S. and China should “begin a comprehensive negotiation,” said the groups. "We have seen no indication of China changing course,” they said. “We request that every effort be undertaken now to initiate meaningful negotiations expeditiously. We recommend no further tariff actions be taken until those negotiations have a chance to produce significant and verifiable results, and the Administration can fully assess the impact." Lighthizer’s office didn’t comment.