March 20, 2020 — U.S. President Donald Trump will not suspend hundreds of billions of dollars’ worth of tariffs his administration has imposed on Chinese goods, despite calls from U.S. business associations to do so to alleviate economic hardship brought on by the coronavirus outbreak.
On Wednesday, 18 March, more than 160 business belonging to the group Americans for Free Trade wrote a letter to Trump asking for the suspension of tariffs on Chinese-made goods, claiming that doing so would give the U.S. economy a USD 75 billion (EUR 70.3 billion) boost, equivalent to 0.4 percent of U.S. gross domestic product.