Locke noted that esteemed panelists at the C100 panel "U.S.-China Trade and Economic Outlook" agreed that there are no winners in a trade war, only losers to consumers, workers and companies of both countries.
"Tariffs on Chinese goods coming into the United States will only raise the price of components used by American manufacturers. Then that will either reduce their profits or force them to charge higher prices, thereby making their products less competitive against foreign competitors in America and overseas," he said.
"It's a tough time in the U.S.-China relationship. We must avoid a trade war," Locke told the more than 500 leaders and experts in government, business, technology, academia, and media attending the two-day C100 annual conference, a premier forum on U.S.-China relations and Chinese-American advancement.
The New York-based C100 is a non-profit, non-partisan organization of prominent Chinese Americans in business, government, academia, and arts.
Founded in 1990 by world renowned architect I.M. Pei and internationally acclaimed cellist Yo-Yo Ma, among others, the group is committed to the twin missions of promoting full participation of Chinese Americans in all aspects of American life, and encouraging constructive relations between the two peoples.
【国内英语资讯:Both U.S. and China benefit from deepening economic integration: former U.S. envoy to China】相关文章:
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