China General Chamber of Commerce-USA Statement on US-China Tariffs
As the largest non-profit organization representing Chinese enterprises in the US, the China General Chamber of Commerce-USA (CGCC) always takes a proactive approach to addressing the concerns of our members.
The current trade dispute has already caused serious disruption in global and local markets and has a big possibility to create significant damage and distress to companies, workers, and consumers in virtually every industry, and even across the whole world.
Even today we still believe a compromise can be achieved only through dialogue and negotiation. The human beings have entered the 21st century, history and current reality prove that there are simply no winners in a trade war and that both nations can innovate and benefit far more only through increased trade and exchange of ideas, goods, and services in an interdependent world.
CGCC proudly serves 1,500 Chinese and US member companies, in which the Chinese member companies have collectively invested over 120 billion US dollars and directly employ more than 200,000 people and indirectly employ over one million people throughout the United States. A sustainable and peaceful economic environment is what our business people have been expecting.
Chairman of China General Chamber of Commerce-USA
President and CEO of Bank of China USA