Trade war proponents should heed voices of those being hurt in US
Editor's note: On Friday, major US retailers Walmart Inc and Target Corp, along with more than 600 other companies and organizations, issued a letter to the US president and his trade advisers urging them to resolve the trade dispute with China, saying tariffs hurt American businesses and consumers. China Daily writer Zhang Zhouxiang comments:
"An escalated trade war is not in the country's best interests", the companies wrote in a letter.
Just like an old Chinese proverb goes, "Only he that drinks the water knows whether it is good." When it comes to trade frictions, it is enterprises in the US that suffer first and foremost, because they have to pay for the additional costs and face the drop in sales because of higher costs brought about by additional tariffs.
