U.S. Companies In China Get Caught In The Trade War Crossfire
President Trump recently tweeted that American companies would be better off without China. But many American companies earn a significant portion of their profits there.
When President Trump announced a new round of tariffs on Chinese imports last week, he made clear he was ready to sever ties between the United States and China, if necessary, to win the trade war.
"We don't need China," the president tweeted, "and, frankly, would be far better off without them."
But a growing number of American companies need China very much and stand to lose if the trade war lasts too long.
U.S. firms
