CHINA China urges US to heed 'reasonable call' from within after shoe industry opposes tariffs

CHINA

China urges US to heed 'reasonable call' from within after shoe industry opposes tariffs

Xinhua

19:57, May 22, 2019

BEIJING, May 22 (Xinhua) -- China on Wednesday urged the United States to heed the "reasonable call" from within after more than 170 footwear companies in the US warned of the "catastrophic" effects of proposed tariff hikes against Chinese goods.

VCG111168227226.jpg

(File Photo: VCG)

In a letter to US President Donald Trump, the footwear manufacturers and retailers including big names such as Adidas, Nike and PUMA said a new round of tariff hikes on footwear imported from China will have "catastrophic" effects on consumers, companies and the US economy.

There should be no misunderstanding that US consumers pay for tariffs, and companies cannot simply move factories out of China, the letter reportedly said.

"As a matter of fact, it's not the first time US businesses publicly voiced opposition to tariff hikes," Foreign Ministry Spokesperson Lu Kang said at a press briefing, adding it's understandable that they are not satisfied with US government's arbitrary interpretation of the consequences of the trade war.

There is no winner in a trade war, as stated by the Chinese side many times, Lu said. "The wantonly used tariff hikes will ultimately victimize US consumers and enterprises."

"We urge the US side to pay serious heed to the reasonable call from within its own country," the spokesperson added.

Related Stories

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue