American exports to China plummeted in 2025. The plunge was the result of unprecedented tariffs in place for most of the year. China’s retaliatory tariffs impacted all product categories — especially agriculture and fossil fuels. Few regions and industries were spared from economic pain.
American exports to China plummeted in 2025. The plunge was the result of unprecedented tariffs in place for most of the year. China’s retaliatory tariffs impacted all product categories — especially agriculture and fossil fuels. Few regions and industries were spared from economic pain.
USCBC conducted a flash survey in July to gauge companies’ experience navigating the US export licensing regime under the second Trump administration. The 31 respondents — primarily representing the technology, industrial and manufacturing, energy, and healthcare industries — painted a stark picture of licensing delays and unclear procedures, unwillingness of export control agencies to engage with industry, and unnecessarily burdensome policies and out-of-date regulations.
US-China relations remain companies’ greatest challenge in the China market, and despite the truce, both governments continue to release new economic security policies. Against this backdrop, the business environment remains challenging for most companies. This year, China’s macroeconomy returned as companies’ second-biggest challenge.
US-China relations and tariffs are the top concerns of US companies doing business in China. US-China relations continue to top the list of business challenges, and tariffs jumped from eighth to second place amid renewed trade frictions. Companies’ first priority for the bilateral negotiations that kicked off in May is tariff reduction.
This report explores the latest comprehensive data available on exports of both US goods (2024) and services (2023) to China as well as the American jobs they support. This data does not reflect US and Chinese tariff increases enacted so far in 2025, which are expected to significantly reduce US exports if they remain in place.
The US-China Business Council conducted its annual Member Survey in summer 2024. The data in this report reflect responses from representatives of leading American companies.
This report explores the latest comprehensive data available for exports of both US goods (2023) and services (2022) to China as well as for the jobs they support.
USCBC commissioned Oxford Economics to build upon our previous study and estimate the economic impact of an escalation of existing tariff measures in the form of revoking China’s PNTR status, a scenario that has been put forward by some in Congress and by three of the leading Republican presidential candidates.
The US-China Business Council conducted its annual Member Survey in summer 2023 and released the results in late September.
This report explores the latest comprehensive data available for both US goods (2022) and services (2021) exports to China, as well as the American jobs (2021) they support.
