Industry Groups Criticize Tariffs and Push to Limit the Impact
- Trade associations will try to exclude products facing tariffs
- Business groups warn of higher prices from China retaliation
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Industry trade groups and companies quickly vowed to push back against President Donald Trump’s decision to order tariffs on Chinese goods and try to limit the number of products that are included.
Broad-based tariffs will likely translate into higher prices in U.S. stores because a vast amount of items used by American consumers -- including Under Armour leggings, Bath & Body Works shower gel and Samsonite luggage -- are sourced from Chinese- or Hong Kong-based companies and factories.