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Donald Trump Receives Warning Letter Signed by Over 660 Retailers

Video Credit: Wibbitz Top Stories - Duration: 01:23s - Published < > Embed
Donald Trump Receives Warning Letter Signed by Over 660 Retailers

Donald Trump Receives Warning Letter Signed by Over 660 Retailers

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

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