Entrepreneurs stand opposed to more tariffs

Many executives testified in Washington they hadn't seen forced technology transfers in China

Many US business executives testifying during seven days of hearings on proposed additional tariffs on Chinese products said they hadn't encountered forced transfers of technology and that heavy duties are an inappropriate tool for intellectual property protection.

Chinese experts, meanwhile, contended that the misuse of tariffs as a weapon will backfire. It will hurt not only US consumers, but also most of the large US business groups that invest in China on a voluntary and mutually beneficial footing with their Chinese counterparts, they said.