China Announces Retaliatory Tariffs, China De Minimis Scrapped, and Greer Goes Before Senate Finance
Every year, the US-China Business Council undertakes a comprehensive, econometric analysis of US goods and export data to China, broken down by states and voting districts. As in previous years, our data finds that China continues to be a critical export market for American manufacturers and service providers. However, rising uncertainty and bilateral tensions are negatively impacting the commercial opportunities China presents for American companies.
Trade tensions with China hit US goods exports in 2018, down 7 percent from the previous year. Services exports increased, but at a slower pace than in previous years. Despite these challenges, trade with China continued to contribute to US economic growth, with US exports to China supporting more than 1.1 million American jobs.
“Cities and states across the US, as well as businesses that pay taxes and employ people there, continue to suffer, especially from loss of sales as a result of punitive tariffs,” said USCBC President Craig Allen. “Since these data were collected in 2018, the results today are even worse when you include additional rounds tariffs since January, with more yet to come,” Allen said.
View the data from every district here, or jump to your state to find your district from the list below:
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