As we mentioned, the US Trade Representative Office is holding another public hearing regarding proposed tariffs on approximately 200 billion dollars worth of Chinese products. Some experts say rather than any profit, both sides will pay the price. CGTN's Ren Xueqian has more.

Between October 2017 and August 2018, Tan Jian traveled between Beijing and Washington over and over again. Now he is joining the fourth public hearing held by the Office of the USTR, on behalf of the Chinese business community. However, according to him, the section of the US Trade Act Trump is using to investigate China over technology transfers, does not stand on solid ground.

TAN JIAN, DIRECTOR GENERAL LEGAL SERVICE DEPARTMENT, CHINA CHAMBER OF INTERNATIONAL COMMERCE "As a domestic law, Section 301 now is above the international trade rules. China and other countries have delivered the request for consultation on Section 301 and Section 232."

The USTR Office has already authorized tariffs on about 50 billion dollars of Chinese products. Most items on this earlier list do not directly affect American customers. Yet if the scale is to expand to 200 billion dollars, both American people and American multinationals will suffer.

TAN JIAN, DIRECTOR GENERAL LEGAL SERVICE DEPARTMENT, CHINA CHAMBER OF INTERNATIONAL COMMERCE "First, living costs will jump for American customers, especially for low and middle-income families. Second, American multinational corporations will bear the consequence of withering on the international market, due to the price of intermediate products been driven up. Third, some Chinese products dominate the US market, and will be hard to replace in a short time."

Tan Jian will attend this week's public hearing. The fate of many Chinese goods counts on it. So do the finances of many American families and companies. Ren Xueqian, CGTN, Beijing.