Businesses Race to Washington to Sway Trump on China Tariffs
Those testifying on Tuesday morning included executives coming from the solar cell in addition to also module any SolarWorld Americas, the wind turbine maker American Superconductor Corporation in addition to also the United States Steel Corporation, all companies which say they have had intellectual property stolen by Chinese actors in addition to also have assisted inside Trump administration’s investigation into unfair Chinese trade practices. In March, the United States trade representative determined which the Chinese had violated American intellectual property, a finding which gave Mr. Trump the authority to impose tariffs in addition to also additional restrictions.
Many business owners pleaded with the administration to be even tougher on China in addition to also help protect their businesses against foreign competition. Cory Watkins, the president of Schumacher Electric, which manufactures car battery chargers in addition to also jump starters primarily in North America, asked the administration to include more of the company’s finished products inside tariff list.
Mr. Watkins said the company had learned inside last few weeks which one of its biggest customers had signed a contract having a Chinese any which Schumacher Electric has sued for stealing its intellectual property. Without the tariff protections, Mr. Watkins said, “we still run the risk of the very problem we’re facing today, which can be Chinese companies taking our intellectual property, copying the item in addition to also selling the item to our own customers.”
Companies caught inside tariffs cross-fire, like the electronics retailer Best Buy in addition to also the TV streaming device maker Roku, protested which they might face higher prices to import products coming from China in addition to also which those costs might ultimately be passed on to American consumers. Michelle Erickson Jones, a Montana farmer in addition to also a member of the trade lobbying group Farmers for Free Trade, complained which trade tensions were already costing American farmers, who were facing canceled orders of soybeans in addition to also wine in addition to also seeing perishable shipments held up in Chinese ports.
Representatives coming from Chinese business groups argued which the proposed tariffs were arbitrary, were inconsistent with World Trade Organization rules in addition to also put millions of American jobs tied to trade with China at risk. “Should the U.S. implement the proposed action, the item will lead to nothing yet confrontation between the two countries,” said Jian Tan, a representative of the China Chamber of International Commerce.
The Trump administration has said the item devised its tariff list to remove goods which were vital to American consumers. yet inside process, many economists say, the administration ended up targeting the imported parts in addition to also machinery which businesses depend on to run American-based operations.
Ms. Buchzeiger’s company, Lucerne International, used to source more products coming from within the United States. yet when the financial crisis hit, her American suppliers began to fold, in addition to also the company had to look abroad. The company supplies 28 parts for the Jeep Wrangler, which Lucerne sources coming from seven manufacturing facilities in China, she said.