When It Comes to Tariffs, Many U.S. Companies Are on China’s Side

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When It Comes to Tariffs, Many U.S. Companies Are on China’s Side
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As President Trump and China's President Xi prepare for the G-20 summit, U.S. businesses warn of expected damage from proposed tariffs

WASHINGTON—Chinese President Xi Jinping isn’t the only one pushing President Trump to lay off on tariffs.

As the two leaders gear up for their trade meeting in Osaka, Japan, on Saturday—where tariffs will be a central point of discussion—U. S. businesses are warning that new 25% duties on $300 billion a year of Chinese goods will wreak widespread direct and collateral damage.

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