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CEOs Try Again to Temper Trump Tariffs as US-China Talks Open

(Mark Niquette – Bloomberg)

As China prepares to send officials to the United States to restart talks on ending an escalating trade war, American companies and trade groups are returning to a Washington hearing room, most to argue against more tariffs from President Donald Trump.

Almost 360 individuals are scheduled to testify over six days of hearings starting Aug. 20 on the latest round of proposed actions against Chinese imports, which would place tariffs of as much as 25% on $200 billion in goods, according to the Office of U.S. Trade Representative.

At the same time, China plans to send Vice Commerce Minister Wang Shouwen to the United States this week to meet with David Malpass, undersecretary for international affairs at the Treasury Department, for the first major trade negotiations in more than two months. Click here to read more.