US business chiefs state case against tariffs

By ZHAO HUANXIN/YING WANG | China Daily | Updated: 2018-08-28 07:53
Workers unload bags of chemicals at a port in Zhangjiagang, Jiangsu province, this month. [Photo/Agencies]

Cove was one of at least 360 industrial company representatives and business executives who descended on Washington to attend the hearings from Aug 20 to Monday. The demand to testify was so high that the number of days scheduled for the hearings had to be doubled.

By Thursday, the US had imposed two rounds of 25 percent tariffs on $50 billion of Chinese goods and was threatening to levy the same tariffs on $200 billion worth of additional Chinese goods, ranging from car tires to baseball gloves.

At the hearings at the US International Trade Commission, witnesses have five minutes to present their case before answering questions from a government panel that includes the US Trade Representative Office, the state, labor, homeland security and commerce departments and some other organizations.

Cove said his association, which has more than 300 member companies, has taken steps to diversify sourcing.

"But it can take years to find alternative production options, train the workforce, develop necessary infrastructure and build, or retrofit, a manufacturing facility," he testified. "China remains a vital and not easily replaceable link in our industry's supply chain."

|<< Previous 1 2 3 4 5 6 Next   >>|

Related Stories

Top
BACK TO THE TOP
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US