US companies hit by tariffs in China generally support Trump’s approach
Two-thirds of American companies operating in China have experienced disruptions to their business as a result of the protracted trade war between the world’s two largest economies, according to a survey by the American Chamber of Commerce in China released Tuesday. Still, there remains general support for President Trump’s tough approach to dealing with Beijing, with a narrow majority saying that the tariffs should remain in place or be increased while negotiations to forge a trade deal continue. AmCham has 771 members in China, working in industries ranging from aerospace and pharmaceuticals to energy and health care. Just less than half — 314 — members responded to its annual survey, conducted between Nov. 13 and Dec. 16 last year. It was in the middle of that period that Trump gave China 90 days to agree to a deal or face a rise in tariffs from 10 percent to 25 percent on $200 billion worth of its exports to the United States. That 90-day period ends on Friday, but Trump announced Sunday night that he would delay raising the tariffs because “substantial progress” was being made in trade talks.