Story perspectives

U.S. Companies Brace for Revenue Declines Amid Tariff Tensions

9/10/2025

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Summary

Story summary

A survey by the American Chamber of Commerce in Shanghai shows U.S. companies in China expect reduced sales due to tariffs.
Nearly two-thirds of 254 companies anticipate lower revenues for 2025.
About one-third, mainly in banking, expect no impact from the tariffs.
Trump imposed a 30% tax on Chinese imports, while China retaliated with a 10% tax on U.S. goods.
Nearly 75% of manufacturers predict revenue declines, citing U.S.-China tensions as a major challenge.

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Story summary

A survey by the American Chamber of Commerce in Shanghai shows U.S. companies in China expect reduced sales due to tariffs.
Nearly two-thirds of 254 companies anticipate lower revenues for 2025.
About one-third, mainly in banking, expect no impact from the tariffs.
Trump imposed a 30% tax on Chinese imports, while China retaliated with a 10% tax on U.S. goods.
Nearly 75% of manufacturers predict revenue declines, citing U.S.-China tensions as a major challenge.