USCBC in the News
03/15/2023
But there is that business aspect which undercuts our perceptions of reality in many sobering ways. For instance, according to a report by the US-China Business Council, China is South Dakota’s top market for exported goods, most of which is agricultural in nature. In 2017, this state exported $804 million in goods to China, which was enough to support 9,600 jobs here. Amid the tariff wars during President Donald Trumps’ tenure, South Dakota lost $370 million in exports intended for China, according to...
03/07/2023
Craig Allen, president of the US-China Business Council and a former US official, said Li sought to level the playing field for foreign businesses, pointing to the speed with which US carmaker Tesla was able to get its Shanghai factory there operational in 2019. "Clearly nothing got in the way once a decision was made. There was a clarity of a kind in his decision making, an authority, and that really helps," said Allen, describing Li as comfortable in his own skin.
03/07/2023
Completely unmentioned were all the benefits of trade with China. The US-China Business Council notes: “American companies exported $192 billion in goods and services to China in 2021, constituting 7.5 percent of US exports … Exports to China support over 1 million US jobs.” Meanwhile, cheap Chinese exports have fueled US prosperity — and, until recently, with low inflation.
05/12/2022
Many US businesses have called on the US government to lift additional tariffs on Chinese goods, arguing that such a move is...
05/12/2022
As trade ties between China and the United States run deep and closely intertwined, many American companies are reasonably...
05/06/2022
The bilateral trade reached a record high of $750 billion last year, a 28.7 percent increase over the previous year. So far,...
05/06/2022
Craig Allen, president of the US-China Business Council, a business group that represents more than 260 companies that do...
05/05/2022
As to the Biden administration signaling possible relief from US tariffs on China, Douglas Barry, the vice-president of...
05/03/2022
The US business community also wants a China strategy that will address the key underlying problems in the worsening bilateral...
05/03/2022
At the same time, lifting sanctions on China’s “emerging technologies” and “basic technologies” would help US suppliers and...
05/02/2022
Larger businesses can afford to wait in case lockdowns ease and China resumes its robust economic growth, said Doug Barry,...
04/29/2022
The US-China Business Council (USCBC) urged President Joe Biden's administration to ease tariffs on Chinese goods as the US...
04/26/2022
As China implemented the phase-one trade deal, US farmers have exported billions of dollars more in oilseeds and grains and...
04/26/2022
Exporters and importers also sought a de minimis exception to avoid conducting a full forced labor audit due to the presence of...
04/26/2022
China’s “uniquely restrictive” data laws risk boosting US firms’ cost of doing business in the No. 2 economy and could lead to...
04/26/2022
Many well-known American companies operating in China have been upbeat about their prospects in the world’s most populous...
04/14/2022
China's commerce ministry hopes the United States will remove tariffs on Chinese goods and stop cracking down on Chinese firms...
04/14/2022
Wuttke and the Europeans received cover from Washington, DC-based US-China Business Council on Tuesday when it expressed...
04/13/2022
After bottoming out in 2019 because of the trade war, American exports to China hit an all-time high last year of $149.2...
04/12/2022
On the other hand, operating in China is fraught with its own basket of problems, most notably poor intellectual property...
04/08/2022
The US-China Business Council released a report in Washington on the 5th, saying that in 2021, the total US merchandise exports...
04/08/2022
“It’s encouraging that a senior member of the administration is stating that economic decoupling is not a goal of the...
04/08/2022
Although the Biden administration has used the phase one deal to attack China once in a while beginning last year, the US...