US Businesses Push Back against Trump’s Tariffs
Which Sectors Are Worried about Rising US–China Trade Tensions? The business groups are led by the National Retail Federation and an agricultural group known as Farmers for Free Trade. As Reuters reported, “After months of waging a behind-the-scenes war against President Donald Trump’s trade tariffs that have escalated far beyond what business groups once imagined, more than 85 U.S. industry groups are launching a coalition on Wednesday to take the fight public.” These groups include Amazon (AMZN), Apple (AAPL), Walmart (WMT), and Alphabet (GOOG).