US Firms Lose Sales Under Trump China Curbs, 61% Hit by Export Controls Cede Business
Updated
Updated · South China Morning Post · Jun 10
US Firms Lose Sales Under Trump China Curbs, 61% Hit by Export Controls Cede Business
3 articles · Updated · South China Morning Post · Jun 10
Summary
175 US-China Business Council respondents showed nearly half were affected by US export controls and sanctions, and 61% of those firms lost sales to Chinese competitors.
That loss rate rose 5 percentage points from 2025, with the council saying buyers are shifting elsewhere because US controls are not calibrated to help American companies and rivals can backfill supply.
More than 72% of surveyed companies were also hit by bilateral tariffs, and nearly 40% of affected businesses said US duties cost them sales.
The survey found few signs that the trade restrictions are driving meaningful reshoring, undercutting a central policy goal of the Trump measures.