Donald Trump Receives Warning Letter Signed by Over 660 Retailers With the ongoing trade war between the United
States and China, American companies have
written a letter to Trump, urging for a cease-fire. The letter, organized by the “Tariffs Hurt the
Heartland” coalition, is backed by a number of
big names such as Walmart, Target and Costco. via Tariffs Hurt
the Heartland The companies reaffirmed that they recognize
a need for change, but asked Trump to consider
a different route that doesn’t involve tariffs. via Tariffs Hurt
the Heartland In May, Trump raised tariffs to 25% on
$200 billion worth of Chinese consumer products,
such as luggage, bicycles and handbags. His latest threat against China has been to
possibly impose more tariffs on another $300 billion
in goods, such as clothes, toys and appliances. via Tariffs Hurt
the Heartland