Economics

CEOs Trying to Temper Trump Tariffs as U.S.-China Talks Open

  • Six days of testimony on $200 billion in goods started Monday
  • Hearings come as trade negotiations with China set to resume
Ben Jarman, economist at JPMorgan Chase & Co. in Sydney, talks about the trade dispute between the U.S. and China.(Source: Bloomberg)
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As China prepares to send officials to the U.S. to restart talks on ending an escalating trade war, American companies and trade groups are returning to a Washington hearing room, most to argue against more tariffs from President Donald Trump.

Almost 360 individuals are scheduled to testify over six days of hearings that started Monday on the latest round of proposed actions against Chinese imports, which would place tariffs of as much as 25 percent on $200 billion in goods, according to the U.S. Trade Representative’s office.