ABC News

“American companies are suffering both from China’s retaliatory tariffs, and — ironically — from U.S. tariffs designed to harm the Chinese economy,” the two chambers said in a statement. “AmCham China and AmCham Shanghai urge both governments to return to the negotiating table.”
The chairman of the American Chamber of Commerce in China warned the Trump administration might be underestimating China’s resolve to fight back.
“The U.S. administration runs the risk of a downward spiral of attack and counterattack, benefiting no one,” William Zarit said in the statement.