LINE

    Text:AAAPrint
    Business

    U.S. businesses, farmers long for trade deal with China

    1
    2019-12-11 08:29:40Xinhua Editor : Li Yan ECNS App Download
    Workers process almond at a processing plant of Travaille and Phippen, an almond growing and processing enterprise, in Modesto, the United States, on April 25, 2018. (Xinhua/Gao Shan)

    Workers process almond at a processing plant of Travaille and Phippen, an almond growing and processing enterprise, in Modesto, the United States, on April 25, 2018. (Xinhua/Gao Shan)

    U.S. businesses and farmers recently expressed hope that the United States and China would soon reach a phase-one trade deal, urging the two sides to restore bilateral trading relations and remove existing additional tariffs.

    American consumers and businesses "do not support the use of tariffs as a trade negotiating tool when diplomats should get to work and resolve issues over the negotiating table," said President of the U.S.-China Business Council Craig Allen, whose organization represents more than 200 U.S. companies that do business with China.

    He expressed hope that a potential phase-one trade deal would "remove as many tariffs as possible."

    American consumers and businesses paid an additional 42 billion U.S. dollars from February 2018 through October 2019 as a result of Washington-initiated trade disputes, U.S. anti-tariff campaign group Tariffs Hurt the Heartland said Monday, citing data from the U.S. Commerce Department.

    "This trade war has lasted long enough and (has) done enough damage. It's time the administration (finalized) a deal with China," said Jonathan Gold, spokesperson of business coalition Americans for Free Trade.

    Brian Kuehl, co-executive director of Farmers for Free Trade, said data shows that farmers in America's heartland are "paying a steep price" because of the trade war, urging the U.S. administration to reach a comprehensive deal with China that rolls back tariffs and ends the trade disputes.

    American Farm Bureau Federation President Zippy Duvall emphasized the urgency for trade talks progress, saying in a statement that "a trade agreement with a market as important as China's must be a priority."

    "Further delay in reaching an agreement would make it hard for struggling farmers to hold on in the face of rising bankruptcy rates," Duvall said. "The more time that passes, the more difficult it will be to win back this important export market, regardless of any trade agreement."

    Noting China's progress on market opening and reform, Allen said that "accelerated opening and reform will lead to more growth, which I think the Chinese people, as well as (our) American friends, would all enjoy."

    Despite the trade tensions, Allen said the U.S. business community is "very interested" in expanding business relations with China and is looking forward to "a stronger and healthier" relationship with the country.

    Related news

    MorePhoto

    Most popular in 24h

    MoreTop news

    MoreVideo

    LINE
    Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
    Copyright ©1999-2019 Chinanews.com. All rights reserved.
    Reproduction in whole or in part without permission is prohibited.
    主站蜘蛛池模板: 五台县| 左云县| 应城市| 辽中县| 夏河县| 剑阁县| 财经| 巩义市| 奇台县| 承德市| 石棉县| 南木林县| 长阳| 凌海市| 四平市| 柳河县| 乌海市| 伊川县| 江源县| 台北市| 开平市| 黎川县| 鄯善县| 罗定市| 大石桥市| 玛纳斯县| 漯河市| 辽阳县| 定安县| 沛县| 仁化县| 呼和浩特市| 徐汇区| 庆云县| 葫芦岛市| 三门峡市| 苗栗县| 延川县| 大洼县| 沁水县| 宁城县|