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<a href="https://1851franchise.com/dow-spikes-after-report-of-new-trade-talks-with-china-2707530" target="_blank">One week after news broke that China and U.S. are expected to renew trade talks</a>, executives from nearly 400 businesses have descended on Washington to speak out against additional tariffs.

<a href="https://www.nytimes.com/2018/08/20/us/politics/china-tariffs-businesses.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=businesses-speak-out-against-china-tariffs-2707606" target="_blank" rel="nofollow" target="_blank">The New York Times interviewed some of the executives</a> attending the six-day hearing, which was originally scheduled for three but extended to accommodate the larger-than-expected turnout.&nbsp;

The newly imposed tariffs on Chinese goods are already affecting the prices of <a href="https://www.nytimes.com/2018/08/21/business/economy/trump-china-tariffs-consumers.html?rref=collection%2Fsectioncollection%2Fbusiness&amp%3Baction=click&amp%3BcontentCollection=business&amp%3Bregion=rank&amp%3Bmodule=package&amp%3Bversion=highlights&amp%3BcontentPlacement=8&amp%3Bpgtype=sectionfront&utm_source=1851franchise.com&utm_medium=article&utm_campaign=businesses-speak-out-against-china-tariffs-2707606" target="_blank" rel="nofollow" target="_blank">a range of everyday consumer products</a>, including bicycles,&nbsp;handbags,&nbsp;couches and&nbsp;kitchen appliances, and businesses are worried that any further escalation will do more harm than good to the economy.

&ldquo;We&rsquo;re supportive of the president&rsquo;s desire to protect U.S. businesses, continue economic growth and bring jobs to the U.S.,&rdquo; Jim Day, Vice President at the &rsquo;47 Brand hat company told the Times. &ldquo;Our position is this proposed tariff increase would do the opposite.&rdquo;

The U.S. has&nbsp;imposed tariffs on $34 billion worth of Chinese goods, and a new round of tariffs on an additional $16 billion worth of goods is expected to go into effect on Thursday.

Read the <a href="https://www.nytimes.com/2018/08/20/us/politics/china-tariffs-businesses.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=businesses-speak-out-against-china-tariffs-2707606" target="_blank" rel="nofollow" target="_blank">full article at nytimes.com</a>.

Businesses Speak Out Against China Tariffs

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Executives from nearly 400 businesses traveled to Washington to voice concerns over the ongoing trade war.

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