The US and China have been locked in a trade war since last year, placing tariffs on each other’s goods and ratcheting up the rhetoric. Photo: AP
US-China trade war ‘hurting American companies in China’ as tariffs cut into demand
- More than half of respondents to an American business survey say higher duties are lowering appetite for their products
- 42 per cent say they are experiencing higher manufacturing costs
Topic |
Trade
The US and China have been locked in a trade war since last year, placing tariffs on each other’s goods and ratcheting up the rhetoric. Photo: AP