American companies in China reject Trump’s trade war tactics

HONG KONG: US companies on the front lines of the trade war are increasingly pessimistic about President Donald Trump’s strategy to boost their sales in the Chinese market, according to a new survey by a leading business organization.

Of the 333 members taking part in an annual survey by the American Chamber of Commerce in Shanghai, 75% said they opposed the U.S. using tariffs, up from 69% a year ago. Only 14% said they supported Trump’s levies, an increase of five percentage points.