Handelskrieg USA vs. China vs. ...

600 companies including Walmart, Costco and Target warn Trump on tariffs

June 13, 2019

President Donald J. Trump
The White House
1600 Pennsylvania Avenue
Washington, DC 20500


Dear Mr. President,

On behalf of the undersigned companies below and the millions of workers we employ,
we are writing regarding the ongoing trade dispute between the U.S. and China. We agree that
our trading partners must abide by global trade rules, and we support the administration’s efforts
to address unfair trading practices, including intellectual property violations, forced technology
transfer and more. We encourage the administration to negotiate a strong deal with China that
addresses longstanding structural issues, improves U.S. global competitiveness and eliminates
tariffs. We believe this goal can be achieved without taxing Americans.

We remain concerned about the escalation of tit-for-tat tariffs. We know firsthand that the
additional tariffs will have a significant, negative and long-term impact on American businesses,
farmers, families and the U.S. economy. Broadly applied tariffs are not an effective tool to
change China’s unfair trade practices. Tariffs are taxes paid directly by U.S. companies,
including those listed below— not China. According to Trade Partnership Worldwide LLC, 25
percent tariffs on an additional $300 billion in imports (combined with the impact of already
implemented tariffs and retaliation) would result in the loss of more than 2 million U.S. jobs, add
more than $2,000 in costs for the average American family of four and reduce the value of U.S.
GDP by 1.0 percent. Furthermore, we have seen repeatedly that tariff increases and uncertainty
around these trade negotiations have created turmoil in the markets, threatening our historic
economic growth.

Mr. President, we support your efforts to hold our trading partners accountable, level the
playing field for American businesses and forge enforceable trade agreements. We urge your
administration to get back to the negotiating table while working with our allies to develop
global, enforceable solutions. An escalated trade war is not in the country’s best interest, and
both sides will lose. We are counting on you to force a positive resolution that removes the
current tariffs, fosters American competitiveness, grows our economy and protects our workers
and customers.

Sincerely,

https://www.documentcloud.org/documents/...ocument/p1
https://tariffshurt.com/