WASHINGTON—The Auto Care Association and the National Retail Federation are among those urging President Trump not to make good on his threat to raise tariffs from 10 percent to 25 percent on some $200 billion worth of goods.
Those goods include tires, manufactured rubber goods, rubber chemicals, and synthetic and natural rubbers.
Trump unveiled the higher tariffs, along with new 25 percent tariffs on another $325 billion worth of goods, in two tweets May 5."For 10 months, China has been paying Tariffs to the USA of 25% on 50 Billion Dollars of High Tech, and 10% on 200 Billion Dollars of other goods," the president wrote. "These payments are partially responsible for our great economic results."Domestic Product by 0.37 percent.