The Multinationals On Both Sides of Trump’s China Tariffs
Foreign-invested firms still make up a third of China’s overall exports.
Yantian international container terminal in Shenzhen, China. Credit: Depositphotos
When President Trump speaks about trade deficits, he knows who to blame. China has eaten our lunch, he argues, flooding U.S. markets with cheap goods.
An excerpt from President Trump's 'Liberation Day' speech, April 2, 2025. Credit: Roll Call
But for years foreign firms from Apple suppliers to Tesla have been responsible for an outsized share of China’s exports. This means that multinationals in China — including many American companies — may find themselves not only on the imp
Exclusive longform investigative journalism, Q&As, news and analysis, and data on Chinese business elites and corporations. We publish China scoops you won't find anywhere else.
A weekly curated reading list on China from Andrew Peaple.
A daily roundup of China finance, business and economics headlines.
We offer discounts for groups, institutions and students. Go to our Subscriptions page for details.
Taiwan is almost entirely dependent on imported fossil fuels for its power supply — a critical weakness in the event of a Chinese blockade. But the very democratic forces on the island that China would be seeking to destroy through forced unification are also standing in the way of the obvious solution: aggressive investment in nuclear power and renewable energies.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.OKPrivacy policy
