A former official at the U.S. Treasury department says the current tariff war between the United States and China is a threat to the global supply chain. (April 4) AP
WASHINGTON – Farmers and small businesses urged President Donald Trump on Thursday not to follow through on his threat to impose new on Chinese goods, warning the consequences would include higher prices on imported goods and the loss of American jobs.
“To be clear, tariffs are taxes paid by American businesses and consumers, not by China,” said David French of the National Retail Federation.
The tariffs, which Trump announced via Twitter on Sunday, are set to take effect at 12:01 a.m. Friday, just