A container ship docks at the port in Qingdao in Shandong province in April. As much as 46 per cent of China’s exports in 2014 were accounted for by foreign-invested enterprises. Of exports to the US, 60 per cent come from these enterprises. Photo: Chinatoppix via AP
David Dodwell
Opinion

Opinion

Outside In by David Dodwell

In Trump’s trade war, US companies will be the first casualty of friendly fire

David Dodwell says an understanding of the interdependent dynamics of global production chains points to the conclusion – backed by research – that Trump’s tariffs on Chinese exports will hurt many foreign-owned businesses, including America’s corporate giants

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A container ship docks at the port in Qingdao in Shandong province in April. As much as 46 per cent of China’s exports in 2014 were accounted for by foreign-invested enterprises. Of exports to the US, 60 per cent come from these enterprises. Photo: Chinatoppix via AP
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