Is the US Winning the Trade War?

While 49 percent of respondents to a recent USCBC survey said they lost sales in China due to retaliatory tariffs, 37 percent said they lost sales due to their Chinese partners’ concerns about doing business with American companies, a seven-fold increase over 2018. Even if the trade war ended tomorrow, Chinese concerns moving forward likely will call for strategies to play it safe by reducing dependence on US companies.