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U.S. companies look for action, not trade war with China

Despite existing worries about the potential trade war, American companies operating in China nevertheless want President Donald Trump to attain some generous terms on market access from China's President Xi Jingping.

Trump wrote in Twitter last week that the meetings with his Chinese peer on April 6-7 will be not simple and American business should be ready to view other alternatives.

Trump has stated he would like U.S. companies to stop investing in China and instead create employment opportunities at their country.

Critics inside U.S. manufacturing have accused China of unjust state subsidies to its enterprises, and of overflowing the U.S. market with inexpensive goods, while limiting external investment in the world's second largest economy.

At the same time, some of the biggest U.S. companies have invested billions of dollars in China over the past two decennial periods, making hundreds of thousands of places of work.

Photo: REUTERS/Aly Song/


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