U.S. fourth largest city suffers from trade tension with China: trade expert

          Source: Xinhua| 2019-06-21 04:49:51|Editor: Shi Yinglun
          Video PlayerClose

          HOUSTON, June 20 (Xinhua) -- Houston, the fourth largest city of the United States, will specifically suffer from a tense trade relationship with China, a trade expert has said.

          Val Thompson, founder and president of the Houston International Trade Development Council, made the remarks Wednesday night in an interview with Xinhua at the launch party for the American-Caribbean Chamber of Commerce in Houston.

          "I would consider China's trade relationship very important to Houston. Twenty-five percent of all imports to Houston are from China, mostly consumer products," Thompson said.

          He expressed the belief that a negative trade relationship could affect employment and raise prices for various types of goods.

          "We're going to lose jobs because of the higher prices. Companies and corporations will have to cut back on employment," he said. "We certainly hope these tariffs stop because they're creating higher prices in department stores and also tension between our small businesses and medium-sized companies."

          Thompson and his organization are trying to help reach more people about the current trade tension in an effort to increase awareness.

          "Our organization can write to our Congress, we can write to our senators and mention to them how our membership and some of our associates are hurt from higher prices," he said. "One thing I do know is that the tariffs need to stop. Trade barriers never work."

          Co-hosted by international marketing firm Z LAB Global, the launch party attracted local politicians, business people and entrepreneurs.

          TOP STORIES
          EDITOR’S CHOICE
          MOST VIEWED
          EXPLORE XINHUANET
          010020070750000000000000011100001381599021
          无码人妻一区二区三区四区av_亚洲精品911在线永久观看_精品一区二区国产在线观看_日韩不卡一区二区视频在线

                  日韩国产亚洲欧美在线 | 日本免费久久精品视频 | 亚洲一区二区中文字幕无 | 一区二区免费高清观看国产丝瓜 | 青青青国产免费手机视频在线观看 | 一个色综合国产色综合 |