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Business Groups Gather to Consider Anti-Tariff Strategies

  • On the agenda: Possible Trump tariffs on Chinese imports
  • Tariffs would harm the American economy, trade groups say
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Stephen Schwarzman, Blackstone Group’s chief executive officer, comments on U.S.-China relations.(Source: Bloomberg)

Lobbying groups representing some of the largest companies in the country are exploring strategies to prevent President Donald Trump from imposing new tariffs on Chinese imports.

The National Retail Federation hosted a meeting on Wednesday with representatives from trade groups including the Information Technology Industry Council, the Retail Industry Leaders Association, Footwear Distributors and Retailers of America and the Consumer Technology Association to discuss how they might respond to potential tariffs.