Lawmakers, industry groups question additional 301 tariffs

While the Trump administration maintains that new Section 301 tariffs on Chinese goods will have a “negligible” impact on the economy, legislators and industry groups are sounding the alarm, saying the tariffs will foist higher prices on consumers and hit producers hard. “The U.S. economy runs on pro-growth policies, but that’s not what tariffs on $200 billion worth of Chinese goods deliver,” U.S. Chamber of Commerce President Thomas Donahue said in a statement after the Trump administration announced the decision...