Containers on the CSCL East China Sea container ship at the Port of Oakland last month. The US and China imposed tit-for-tat tariffs on a variety of goods in the first shot in a trade war. Photo: AFP

Chinese company profits could become collateral damage in escalating US trade war

Analysts say tit-for-tat levies could disrupt trading patterns and companies not in the affected industries could start to feel the heat

Topic |   US-China trade war

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Containers on the CSCL East China Sea container ship at the Port of Oakland last month. The US and China imposed tit-for-tat tariffs on a variety of goods in the first shot in a trade war. Photo: AFP
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