Industry groups: U.S. must reconsider ‘self-defeating’ Trump-era tariffs

The U.S. should roll back “unwarranted, ineffective and self-defeating” tariffs imposed by the Trump administration, a coalition of 37 trade associations representing business and agriculture interests said on Wednesday. The group is targeting both Section 232 and Section 301 tariffs imposed by the Trump administration, which it says are “causing harm to those already suffering” due to economic costs of the COVID-19 pandemic. The National Foreign Trade Council on Wednesday announced a slate of recommendations to policy makers for how...