Trade tensions between the United States and China negatively affect US companies in the PRC

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The American Chambers of Commerce in China and Shanghai conducted a survey of American companies engaged in manufacturing, trading and distribution activities in the PRC. Its results showed that the majority of respondents felt the negative impact of increased tensions in trade relations between the United States and China. Three-quarters of survey participants noted that an increase in US import duties from 10% to 25% on Chinese goods worth $200 billion reduced the demand for their products in China, as well as increased production costs and prices. This situation forces US companies to resort to a “in China, for China” strategy, which implies locating production in China and identifying suppliers that are mainly focused on the Chinese market.

The information and recommendations contained in this analytical document are published strictly for information purposes and are not considered as an offer to buy or sell the trading tools mentioned above and are not intended to motivate to perform certain transactions
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