If Trump's tariff threat turns into reality, companies with high revenue exposure to China including semiconductor suppliers and retailers will likely become casualties, according to Wall Street analysts.
HSBC says U.S. companies with big China sales are concentrated in the tech sector including Skyworks Solutions, Broadcom, Micron Technology and Intel. UBS says home furnishing retailers Bed Bath & Beyond, William-Sonoma and Restoration Hardware could have "significant risk" given many of their products are sourced in China.All it took was two tweets from Presidenta Twitter post
Sunday to hike tariffs on goods imported from China, which instantly jolted the stock market that had been heading higher steadily on better-than-expected earnings and trade-deal hopes. If the threat goes through, companies with high revenue exposure to China including semiconductor suppliers and retailers will likely become the biggest casualties, according to Wall Street analysts.
HSBC complied a list of companies most sensitive to tariffs with big sales in China. U.S. companies with a major China footprint are concentrated in the tech sector including
lkjtexas A trade war where the only casualties are the pocket books of American consumers.
is this writer knows the trade & number ? 🤣
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