Trump 'orders further China tariffs'

U.S. President Donald Trump holds an Oval Office meeting on preparations for hurricane Florence at the White House in Washington

"China trade war could last at least 10 years", reports Taiwan Business TOPICS.

He also made it clear he was ready to impose tariffs worth $200 billion on goods "very soon" if President Xin Jinping's government refused to back down. -China trade war with tariffs on $200 billion worth of Chinese goods.

"We support President Trump's efforts to reset U.S". He responded that he wasn't, two of the people said. Retailers such as WalMart and Target risk being swept up in an escalating trade war if further tariffs hit a broad range of consumer goods, from TVs to sneakers.

AmCham's survey results come a day after more than 60 US industry groups launched a coalition called Americans For Free Trade, which aims to halt the White House's proposed tariffs.

In addition to retaliatory tariffs, companies report China is slowing down customs clearances and stepping up inspections and other bureaucratic processes, the chambers said.

Both countries are set to return to the table with the threat of new USA tariffs looming.

That is a relatively small amount of total US-China trade, so the impact on the global supply chain, which includes manufacturing industries in Thailand, is expected to be small. "The US administration will be hurting the companies it should be helping".

The U.S. -China Business Council (USCBC), a nonpartisan non-profit representing around 200 American companies, told Observer that, in recent weeks, the council has been hearing from U.S. companies about delays and challenges getting licensing approvals in China.

"The Trump administration should not be mistaken that China will surrender to the United States demands", the newspaper said in an editorial. -China trade relations, address long-standing inequities and level the playing field. More than half of USA firms are already feeling Beijing's wrath from non-tariff measures like heightened regulatory scrutiny, more inspections and slower customs clearance, according to the survey.

"The Chinese side believes that the escalation of the trade conflict is not in the interest of either party", Gao Feng, a spokesman for the Ministry of Commerce, said at a regular news briefing. They said almost one-third are thinking about canceling or postponing investment decisions.

The biggest American business groups in China, AmCham China and AmCham Shanghai, jointly issued a survey Thursday that showed widespread impacts from the U.S.'s tariffs on China, and the resulting Chinese tariffs on the U.S.

A worker places U.S. and China flags near the Forbidden City ahead of a visit by U.S. President Donald Trump to Beijing, in Beijing, China November 8, 2017. "There's some discussions and information that we received that the Chinese government - the top of the Chinese government wished to pursue talks". But the Chinese government has thus far refused to budge on the White House's demands and vowed to retaliate against every American punch.

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