---
title: "Businesses Speak Out Against China Tariffs"
url: https://burnaze.com/article/a581b3ae-3f76-48f9-b307-ff0cd4914ea1
source: "1851 Franchise"
original_url: https://1851franchise.com/businesses-speak-out-against-china-tariffs-2707606
category: "Finance"
topics: ["Finance & M&A","Regulation & legal"]
published: 2018-08-22T16:11:39.000Z
modified: 2026-11-01T04:09:05.525Z
image: https://newimage.1851franchise.com/cdn-cgi/image/quality=85,format=webp,width=1280,height=720/story/featureImage/21304439b76068098be6341585f495b25562.jpg
---

# Businesses Speak Out Against China Tariffs

**TL;DR:** Businesses speak out against additional China tariffs, citing concerns about economic harm and consumer product prices. Executives from nearly 400 businesses attended a six-day hearing in Washington to express their concerns.

*originally published in 1851 Franchise on 2018-08-22. [Read the original](https://1851franchise.com/businesses-speak-out-against-china-tariffs-2707606).*

## Story

One week after news broke that China and U.S. are expected to renew trade talks, executives from nearly 400 businesses have descended on Washington to speak out against additional tariffs.

*The New York Times* interviewed some of the executives attending the six-day hearing, which was originally scheduled for three but extended to accommodate the larger-than-expected turnout.

The newly imposed tariffs on Chinese goods are already affecting the prices of a range of everyday consumer products, including bicycles, handbags, couches and kitchen appliances, and businesses are worried that any further escalation will do more harm than good to the economy.

“We’re supportive of the president’s desire to protect U.S. businesses, continue economic growth and bring jobs to the U.S.,” Jim Day, Vice President at the ’47 Brand hat company told the *Times*. “Our position is this proposed tariff increase would do the opposite.”

The U.S. has 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.

## Entities

- 1851 Franchise (publication)
- General (sector)
- United States (location)
- China (location)
- china tariffs (topic)
- trade talks (topic)
- economic harm (topic)
- consumer product prices (topic)

---
Originally reported by 1851 Franchise (https://1851franchise.com/businesses-speak-out-against-china-tariffs-2707606). Summarized by Burnaze (https://burnaze.com/article/a581b3ae-3f76-48f9-b307-ff0cd4914ea1).