American businesses in China: Tariffs are hurting us

Nearly three-fourths, or 74.9%, of almost 250 respondents to a survey held from May 16 to May 20 said the increases in American and Chinese tariffs are having a negative impact on their business, according to a report released Wednesday by the American Chamber of Commerce in Shanghai and the Beijing-based American Chamber of Commerce in China.

Of the survey participants, 61.6% were manufacturing-related, 25.5% were in the services sector, 3.8% were in retail and distribution and 9.6% came from other industries. The U.S. raised tariffs on $200 billion worth of Chinese goods to 25% from 10% on May 10. Beijing responded a few days later with duties ranging from 5% to 25% on $60 billion worth of U.S. goods, set to take effect June 1.

More than American business hurting in China, here in the US PEOPLE have been suffering for the past 20 years due to OUTSOURCING and EXPORT of jobs from the US to foreigners who have NO ALLEGIANCE to the US.

Good

U S knew it. Trumpdid it too intentionery. Why because he need kick back from china to take over collapsed soon business in u s. Watch closely. Dumb doesn’t see it.

Trump don’t care 🤷‍♀️👹👺🤡

When they outsource tens of millions American jobs to overseas during last 30 years did media ever say sth for American people?

America needs tariffs! China Cheats!

perhaps we could discuss how easy it is to boost the economy if we ignore the deficit.

Well. Maybe consider being an American business in America.

Naa

China will fall in line one way or another.

That’s the purpose.

It seems Trump isn’t happy with the US being the world’s economic leader, he’s dead set on showing the rest of the world that China and Russia will do a better job in the future.

Do the U.S. companies that do business in China pay U.S. taxes and provide American jobs?

Winning!

See Brokeahontas

Trump doesn’t give a damn and he’ll pay for it in 2020

Make it in America.

...when CNBC going to change its logo to the hammer and sickle?

breaking news

Awwwww.

This is strictly business

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