Washington’s trade war against Beijing doing American economy serious harm: China Daily editorial – Chinadaily.com.cn

[Photo/Sipa] That over the past two weeks about 3,500 US companies have sued the US administration for imposing punitive tariffs on imports from China offers much food for thought. With more companies still joining the litigation, the plaintiffs, across a broad range of industries, include many big names such as Ford, Tesla, Target and Home Depot, demonstrating how closely the interests of the world’s two largest traders are interwoven with each other. The suits, filed in the US Court of International Trade, challenge the escalation of the US trade war with China. Unlike its wont, the US administration has maintained…