US businesses warn new tariffs hurt consumers
Print Edition
A broad cross-section of US businesses has a message for the Trump administration: new tariffs on US$200 billion of Chinese imports will force Americans to pay more for items they use throughout their daily lives, from cradles to coffins.
Six days of public hearings on the proposed duties of up to 25 percent were due to start yesterday in Washington as part of President Donald Trump鈥檚 and the US Trade Representative鈥檚 efforts to pressure Beijing for sweeping changes to its trade and economic policies.
Unlike previous rounds of US tariffs, which sought to shield consumers by targeting Chinese industrial machinery, electronic components and other intermediate goods, thousands of consumer products could be directly hit with tariffs by late September.
The US$200 billion list targets Chinese seafood, furniture and lighting products, tires, chemicals, plastics, bicycles and car seats for babies.
鈥淯STR鈥檚 proposed tariffs on an additional US$200 billion of Chinese imports dramatically expands the harm to American consumers, workers, businesses, and the economy,鈥 the US Chamber of Commerce said in written testimony for the hearing.
The top US business lobbying group said the Trump administration lacks a 鈥渃oherent strategy鈥 and called for 鈥渟erious discussions鈥 with Beijing.
Mid-level Trump administration officials and their Chinese counterparts are expected to meet later this week in Washington to discuss their trade dispute. But it is unclear whether the talks will have any effect on the implementation of US tariffs and retaliation by China.
In more than 1,400 written comments submitted to USTR that will be echoed in the hearings, most businesses argued that the tariffs will cause harm and higher costs for products ranging from Halloween costumes and Christmas lights to nuclear fuel inputs, while a small number praised them or asked that they be extended to other products.
Graco Children鈥檚 Products Inc, a unit of Newell Brands Inc, said tariffs 鈥渨ill have a direct negative impact on our company, American parents and most importantly the safety of American children.鈥
The company said higher prices may prompt more parents to buy car seats, swings and portable play yards on the second-hand market.
鈥淭he proposed tariffs may force parents to use unsafe sleeping environments or let children dangerously co-sleep with parents,鈥 Graco wrote. The tariff 鈥渙nly causes a children safety issue; it will not convince China to change its policies.鈥
Evenflo Feeding said the tariffs will hit manual breast pumps 鈥渁nd would cause disproportionate economic harm to US interests.鈥
At the other end of the life cycle, Centennial Casket Corp President Douglas Chen said his Texas-based company relies exclusively on Chinese-made caskets and the tariffs would cause 鈥済reat loss鈥 and raise costs for 鈥済rieving families purchasing caskets for their loved ones at one of the worst times of their life.鈥
The Internet Association, representing companies including Facebook Inc, Amazon.com Inc and Alphabet Inc, said the tariffs 鈥渨ould cause disproportionate economic harm to American Internet companies. The list includes products that impact how Internet companies function.鈥
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