For months, farmers have been battling the negative effects from the trade war going on currently between the U.S. and China. Americans for Free Trade sent a letter today to President Donald Trump urging the White House to resolve the ongoing trade war with China during the president’s meeting with Chinese President Xi at the G20 meeting this week.
“Mr. President, we urge you to capitalize on your upcoming meeting with President Xi to reach an agreement that addresses China’s unfair trade practices and policies in order to remove the 2018 tariff increases, forgo the January 2019 tariff increase and avoid an additional round of tariffs on the remaining $267 billion worth of everyday consumer products and manufacturing inputs. Millions of American farmers, business owners, companies, workers, and families are counting on you to make a deal,” the coalition said.
Today’s letter follows months of negative nationwide economic consequences caused by the impact of tariffs on American businesses, workers, and families. Americans for Free Trade is holding townhall events across the country as part of the Tariffs Hurt the Heartland campaign. The town halls bring local businesses and farmers together to tell their stories of how tariffs are hurting them.
“Tariffs are leading to fewer opportunities for America’s farmers and ranchers to compete in overseas markets and less income to provide for their families,” the coalition added in today’s letter. “For U.S. companies importing manufacturing inputs or finished products, these significant costs will result in higher prices, fewer jobs, slower wage growth and reduced investment. We will continue to see the cost of the trade war ripple through the U.S. economy and reverse this year’s economic progress.”
Americans for Free Trade and the Tariffs Hurt the Heartland campaign have also been releasing monthly data on the impact of tariffs on imports and the damage retaliatory tariffs have had on American exports.
Americans for Free Trade will continue to use its diverse coalition of employers in communities across the country to press for resolution of ongoing trade disputes with China. Americans for Free Trade is also working with Farmers for Free Trade on a grassroots nationwide campaign to illustrate the impacts of tariffs on American businesses, families, farmers and manufacturers.