Bloomberg

So far, the effect of the trade dispute has mostly been financial, with companies seeing decreased demand, rising costs and falling profits and revenues, according to the survey done May 16-20 by the American Chamber of Commerce in China and the American Chamber of Commerce in Shanghai. There had been concerns that U.S. firms would face non-tariff retaliatory measures in China, but 53% of the companies said they had not experienced any such measures in the 10 months since July 1, 2018.