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- U.S. business lobby says most firms favour tariffs
U.S. business lobby says most firms favour tariffs
A top U.S. business lobby in China said that a majority of its member companies favoured the United States retaining tariffs on Chinese goods.
The American Chamber of Commerce in China also said over the past year substantially more of its members are wanting the U.S. government to push Beijing harder to create a level playing field for U.S. business.
About 10% of the chamber's members favoured raising tariffs rates on those $200 billion of Chinese goods from 10% to 25% after the original March 1 deadline agreed to by Trump and Xi in December.
Another 43% advocated maintaining tariffs at 10% and delaying the increase for 60 days while negotiations continued, the chamber said.
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