The U.S. Firms at Risk From China Trade War: QuickTake Scorecard
Posted: Thu Jul 20, 2017 11:03 pm
Bloomberg - 7/20/2017 - Bruce Einhorn - U.S. companies need to prepare for greater tension between the Trump administration and China. U.S. Commerce Secretary Wilbur Ross opened high-level economic talks on July 19 by scolding China over its trade surplus. That doesn’t necessarily signal a trade war is imminent -- the two countries have come through other rocky patches since Donald Trump became U.S. president. Still, Trump is weighing whether to restrict imports of Chinese steel and aluminum, a move that could prompt retaliation from President Xi Jinping. Such tit-for-tat actions could lead to a Chinese backlash against American businesses. The following are among those most at risk: Read more @ https://finance.yahoo.com/news/u-firms- ... 52265.html