Jul 12, 2018 08:08 PM

Majority of U.S. Businesses in China Oppose Trump Tariffs: Survey

A majority of American companies in China said they don’t support their president’s use of retaliatory tariffs to achieve the U.S.’ trade goals, according to a survey compiled by the American Chamber of Commerce in Shanghai (AmCham Shanghai).

This year’s survey, released shortly after U.S. President Donald Trump’s fresh threats to impose tariffs on $200 billion worth of Chinese goods, provides a barometer of the sentiment of American multinational companies on the looming trade war.

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