Major U.S. business groups urge Biden to cut tariffs on China, resume talks
2021-08-08 08:56:26 source：CGTN
August 7, 2021
More than 30 U.S. business groups call for the Biden administration to restart trade talks with China and cut tariffs on Chinese products, calling the measures dragging on the U.S. economy.
In a Thursday letter to U.S. Trade Representative Katherine Tai and Treasury Secretary Janet Yellen seen by media, the trade groups asked the U.S. administration to take into account the burden of the tariffs on importers.
The business groups representing retailers, chipmakers and farms acknowledged that China had met "important benchmarks and commitments" in the phase-one trade agreement signed in 2020 while calling for a resumption of negotiations between the two countries, the Wall Street Journal reported.
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