US tariffs "would trigger chain reaction of negative consequences - WSJ

As reported by the Wall Street Journal, trade associations are imploring the US to reconsider Trump's planned tariffs on trade goods coming from China, citing the potential backlash that could wind up doing harm to American industries.

Key highlights:

Forty-five separate trade associations within the US are begging the current administration not to go through with Trump's plans to enact heavy tariffs and restrictions on  Chinese-made goods heading into the US. Businesses are terrified that retaliation from China will hobble a wide range of US industries from agricultural goods to services exports, as well as increased costs for businesses and consumers. The associations sent a letter to the White House administration stating that the China tariffs "would trigger a chain reaction of negative consequences for the US economy". The planned China tariffs haven't been finalized yet, and many are unclear about what they will look like, or what goods will be impacted.