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The U.S. Businesses at Risk From Trade War With China

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China Has Leverage to Retaliate Against U.S. Steel Tariffs

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U.S. companies need to prepare for greater tension between President Donald Trump’s administration and China. Trump plans to impose tariffs on imports of steel and aluminum, including from China, and is said to be considering a broad range of curbs on China imports, from shoes and clothing to tech gadgets. Such moves could prompt retaliation from President Xi Jinping and lead to a Chinese backlash against American businesses. The following are among those most at risk:

Boeing Co. expects China needs 7,240 new planes valued at almost $1.1 trillion in the two decades through 2036. However, if China’s leaders decided to punish American companies, Boeing would be an easy target since the government controls most of the company’s Chinese customers.