Saturday, June 16, 2018

Boeing, others assessing impact of US-China tariffs
Read more at https://www.channelnewsasia.com/news/business/boeing-others-assessing-impact-of-us-china-tariffs-10437824

 (Updated: )

Ricky Lim · 
"President Trump is fixated with tariffs, which he believes he can wield freely; but there are grave consequences to the use of tariffs," said AAFA president Rick Helfenbein. "Congress needs to step in now to end this dangerous obsession."

"The tariffs imposed on products imported by American businesses - and the resulting retaliatory tariffs against exports made by American manufacturers and farmers - amount to a huge 'Trump Tax' on American workers, American consumers, and the American economy," Helfenbein said.
Other trade groups opposing the US tariffs included the Business Roundtable and the US Chamber of Commerce.

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Look like even though US trade groups across the board oppose Trump-led trade tariff and launching trade war against the majority of its trade partners ----- Trump disregard the adverse impact on the US businesses - and still bull-doze his trade tariffs.
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