US Export Controls and Tariffs Harm American Firms in China Without Achieving Policy Goals, Survey Finds
A US-China Business Council survey of 175 member companies found that Trump administration export controls, sanctions, and tariffs are hurting American firms operating in China while failing to block critical technology transfers or revive US manufacturing. Nearly half of respondents were affected by export controls, with 61% of those losing sales to Chinese competitors, while over 72% were hit by bilateral tariffs. The council argues that export controls need to be more strategically calibrated and adaptable rather than broadly applied.
The US-China Business Council released results from its annual member survey showing that Trump administration trade policies are producing unintended consequences for American companies. Nearly half of the 175 surveyed firms reported being affected by US export controls and sanctions, with 61% of those experiencing lost sales to Chinese competitors—a five percentage point increase from 2025. Additionally, over 72% of companies faced impacts from bilateral tariffs, with close to 40% of affected businesses losing sales due to US duties. The council's president emphasized that export controls remain important but must be more strategic, calibrated, and flexible to adapt to technological changes, rather than broadly restricting American firms' ability to compete in the Chinese market.
What's missing
The article does not specify which industries or sectors were most heavily affected by the export controls and tariffs, nor does it provide details on the geographic distribution of affected firms or the specific technologies targeted by export controls.
What different sources said
- South China Morning PostCenter
US firms pay price for Trump’s China tariffs, export controls, study finds
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