U.S. Denies Plea for Tariff Relief, Further Scrambling China Ties
A letter from more than 100 associations representing importers, including SFIA, OIA, FDRA, the AAFA and the NRF, asking for relief from the tariffs imposed by the Administration fell on deaf ears as the President Trump flatly refused to consider lifting the tariffs and used the occasion to again misstate that China was paying the tariffs. “China is paying us billions and billions of dollars in tariffs and there’s no reason to do that,” Trump said. The Administration has backed several stimulus proposals aimed at mitigating the economic fallout from the coronavirus but evidently wants to exclude anything that might ... Log in to view full article.