"There's some discussions and information that we received that the Chinese government - the top of the Chinese government - wished to pursue talks", Kudlow said.
So far, the United States and China have hit $50 billion worth of each other's goods with tariffs in a dispute over USA demands that China make sweeping economic policy changes, including ending joint venture and technology transfer policies, rolling back industrial subsidy programs, and better protecting American intellectual property.
So far, the United States and China have hit $50 billion worth of each others' goods with tariffs in a dispute over USA demands that China make sweeping economic policy changes, including ending joint venture and technology transfer policies, rolling back industrial subsidy programs and better protecting American intellectual property.
"This survey affirms our concerns: tariffs are already negatively impacting US companies and the imposition of a proposed $200-billion tranche will bring a lot more pain", said Eric Zheng, chairman of AmCham Shanghai. Some of them have criticized Trump's tactics but many echo USA complaints about Chinese market barriers and industrial strategy.
The push for additional tariffs is despite the U.S. Treasury secretary's attempt to restart talks with Beijing to resolve the trade war, according to four people familiar with the matter.
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It has already caused thousands of people to evacuate from their homes because of possible flooding. Bennie Thompson, ranking member of the committee, said in a statement Wednesday.
Meanwhile, almost a third of companies said they were considering delaying or canceling investments, underscoring the heightened uncertainty created by the trade tensions.
More than half of firms say they are already feeling Beijing's wrath, with 27% reporting increased inspections, 19% feeling heightened regulatory scrutiny and 23% witnessing slower customs clearance.
In the ongoing trade dispute between the USA and China, perhaps no companies are more affected than American automakers that are manufacturing their cars in China.
The two chambers of commerce on Thursday urged the U.S. and Chinese governments to resume negotiations.
That could still happen before the next round of tariffs kick in.
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Larry Kudlow, who heads the White House Economic Council, told Fox Business Network that US Treasury Secretary Steven Mnuchin had sent an invitation to senior Chinese officials, but he declined to provide further details.
Trump and his advisers have argued that the tariffs are necessary to pressure Beijing to abandon unfair practices. The US government accuses China of stealing intellectual property and forcing American companies to hand over valuable technology. But the Chinese government has thus far refused to budge on the White House's demands and vowed to retaliate against every American punch.
China will not buckle to USA demands in any trade negotiations, said the state-run China Daily newspaper on Friday, after Chinese officials welcomed an invitation from Washington for a new round of talks. "But we can do so through means other than blanket tariffs".
The data, when coupled with the results of a similar survey of European firms, is troubling for the health of China's economy, already slowing under the weight of Beijing's battle to cut its debt mountain.
William Zarit, the chairman of the American Chamber of Commerce in China, warned the Trump administration against assuming those difficulties will force Beijing to cave in to its demands.
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Chinese funded publications and news agencies around the world continue to insist that the trade war's impact on the Chinese market is insignificant, but the numbers and the statements of China's leadership tell a different tale.