Why US-China trade war risks hurting firms in both countries

By Paul Wiseman, The Associated Press
U.S. businesses are imploring President Donald Trump not to expand his tariffs to $300 billion in goods from China that have so far been spared in his trade war with Beijing.
These companies warn that the additional tariffs would drive up prices for consumers, squeeze profits and leave U.S. companies at a competitive disadvantage to foreign rivals that aren’t subject to higher taxes on the components they buy from China.
And in a sign that commercial c