Catch Jake Parker, USCBC's VP of China Operations on CGTN, discussing the impact of trade tensions on US businesses operating in China.
USCBC in the News
In 2018, Erin Ennis, senior vice president at the US-China Business Council, said the US exports to China declined by more than $10 billion compared with 2017. “There was a notable decline in US exports to China,” she said. Illinois saw the largest decline of any state. “Illinois exported $5.6 billion worth of goods and in 2018, Illinois only exported 3.8 percent, so a really significant decline,” she said. Ennis said the biggest sector hit was Illinois soybean and soybean byproduct industries. This is...
Another unwarranted accusation made by Washington is that trading with China is slashing jobs in the United States. According to a report released by the US-China Business Council, China-US trade has supported almost 2.6 million jobs in the United States across a range of industries.