Decision to ban Chinese apps hangs over the new US administration

Then there’s another larger impact on the international business environment as 86% of companies in the US-China Business Council have reported experiencing negative impacts on their business with China. The biggest impact was lost sales because customers shift their suppliers or sourcing due to uncertainty of continued supply. Companies worried about a US ban may just initiate a “De-Americanization” plan to remove or replace US components in their products and supply chains.