USCBC President Craig Allen, a former senior U.S. government official and expert on China, urged the United States and China to return to the negotiating table to end damaging tit-for-tat tariffs and avert lasting damage to bilateral ties.The next round of U.S. and Chinese tariffs will take effect on Sunday in a trade war that has roiled global markets and raised the specter of a global recession.
Nearly 40% of those surveyed said they lost sales because of Chinese partners’ concerns about doing business with U.S. companies, a seven-fold increase over 2018. The survey showed that China remained among the top five global markets for U.S. companies because of its comparative size, and 97% of member companies reported increased profitability in China in 2019 despite the trade dispute.
The survey, taken in June before Trump’s call for companies to quit China, showed a majority of U.S. companies remained committed to the China market and few were divesting existing operations.
IvankaTrump too or is she the golden cows golden child who gets special treatment?
liberalMedia fakenews always trying to undermine our country! American Citizens have figured it out and no longer put any trust in LiberalMedia. Continue giving koolaide to the koolaide drinkers which are few and far between!
Don't believe the hype lol
It will be interesting to see how far China is willing to go with its economy.... even though the Beijing power structure does adhere to the Qin dynasty philosophy, some adjustments will have to be made or suffer the economic consequences...
After realDonaldTrump WhiteHouse supported GiuseppeConteIT and democrats obama clinton pd in italy, america will fall in the biggest recession ever. Traitor. Better to promote china honest and fair prices