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Trump tariff measures have triggered strong opposition from the U.S. business community, and the toy industry may be affected!

China News Service, Washington, June 20th The U.S. business community, non-governmental organizations, and industry associations continued to express their opposition to the recently announced tariff measure of U.S. President Trump and called for the U.S. to take corresponding action.

The U.S. "Freedom Partners" announced in a press release on the 20th that the organization will launch a television advertisement from the 25th of this month, calling on the U.S. Congressmen to take action to work for the prosperity of all the American people and promote trade. Oppose tariff measures.

The press release stated that trade plays a very important role in promoting U.S. economic growth, and tariffs have the opposite effect. The upcoming television commercials include the slogan "In order to maintain growth, the United States must conduct trade," "Tariffs are not the answer," "Tell Washington: Support freedom, oppose tariffs."

On the same day, on the 20th, the "Freedom Partners" organization and the "Americans for Prosperity" organization and the "Freedom Initiative" organization jointly sent letters to the American congressmen and called for them to pass relevant bills to restore Congress’s power over trade issues instead of All powers to formulate trade policies are transferred to the executive branch.

Coincidentally, the National Foreign Trade Council on the 19th jointly with the United States Petroleum Industry Association, the American Soybean Association, the National Federation of Retailers and other nearly 60 groups called on the United States to strengthen its supervision over trade policies and rebalance the management of trade policies between the legislature and the executive authorities. that power.

According to the statement issued by the National Foreign Trade Council on the same day, the groups have jointly sent a letter to the chairman of the Senate Finance Committee, Hatch, and the chairman of the House of Representatives Fundraising Committee, Brady, calling for the two committees to strengthen supervision over US trade policy and quickly hold the president’s exercise. Hearings on trade-related powers and considering whether it is necessary to amend existing mandates to strengthen the role of Congress in implementing trade policies.

Fu Qiangnen, chairman of the US-China Trade National Committee, issued a statement on the 19th, saying that at present the U.S. and Chinese governments have not touched on the core issues of bilateral trade. The U.S. business community hopes to see the governments of the two countries actively explore ways to solve problems such as market access and technological protection. Fu Qiangnen said that tariff measures cannot solve the problem and will damage the economic interests and employment opportunities of the United States. We call on the two governments to sit down for consultations. U.S. companies need solutions instead of sanctions.

The American Toy Association issued a statement saying that Trump’s recent tariff measures have led to China’s countermeasures. Although toys are not on the list of proposed taxation to be announced by the United States, some of the key raw materials needed to produce toys are already on the list. Toy Association will continue to pay attention to changes in the situation and represent US toy manufacturers to oppose tariff measures.

Sinnamon Rogers, deputy chairman of the American Telecommunications Industry Association, said recently that the association is disappointed that the U.S. government is trying to fix trade problems with tariffs. Rogers said that this approach will damage the most innovative industries in the U.S. economy, increase manufacturing costs, push up the prices of telecommunication products, and will also lead to the loss of jobs and increase the burden on consumers.