Architects of the Trump administration's trade war with China asked businesses to comment on it. Yesterday, the U.S Trade Representative got an earful. It turns out that the people the protectionist policy was designed to protect don't want to be protected.
The view of dozens of companies and trade organizations reflects the simple fact that no one can win a trade war, not the country that initiates it and not the country that retaliates, and the Administration's proposed tariff hike on $300 billion worth of Chinese goods - over and above the tariffs in place - would only add fuel to a dumpster fire that is already burning the U.S economy.
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