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By Ginger Gibson
The Trump administration is said to be preparing tariffsagainst Chinese information technology, telecoms and consumerproducts in an attempt to force changes in
"At the same time, we are concerned about the negativeimpact as you consider remedial actions under Section 301 of theTrade Act could have on America's working families," the letterstates. "Applying any additional broad-based tariff as part of aSection 301 action would worsen this inequity and punishAmerican working families with higher prices on household basicslike clothing, shoes, electronics, and home goods."
The letter is the latest example of the growing divisionbetween the Trump administration and the business community overtrade policy. On Sunday, a group of trade associations thatrepresent most of
Sandy Hill, president of the Retail Industry LeadersAssociation, which organized the letter, argued that tariffswould eliminate any benefit the tax bill provided the economy.
"This is not American industries crying wolf," she said in astatement.
The letter was signed by 24 companies also includingAbercrombie & Fitch Co, American Eagle Outfitters, Big Lots, Chico’s FAS, Inc, ColumbiaSportswear, Costco, Dollar Tree, GapInc, Haverty's Furniture Co, JCPenney,Jo-Ann Stores LLC, Kohl's Department Stores, Inc, IkeaNorth America Services, LLC, Levi Strauss and Co, Qurate RetailGroup, Sears Holding, The Michaels Companies,VF Corp, and Wolverine Worldwide.
The letter asked the administration to work with companiesto find a solution.
"As you continue to investigate harmful technology andintellectual property practices, we ask that any remedycarefully consider the impact on consumer prices," the letterstated.(Reporting by Ginger Gibson;Editing by Sandra Maler)