Chamber of commerce warns Trump against China tariffs - Reuters

The US Chamber of Commerce President Thomas Donohue warned President TRump that unilateral tariffs on Chinese goods could lead to a destructive trade war that will hut American consumers and US economic growth, according to Reuters report. 

Key quotes

Tariffs of $30 billion a year would wipe out over a third of the savings American families received from the doubling of the standard deduction in tax reform. 

If the tariffs reach $60 billion, which has been rumored, the impact would be even more devastating. 

Tariffs could lead to a destructive trade war with serious consequences for the US economic growth and job creation.