These giant US companies could suffer if US-China trade talks go south - News Summed Up

These giant US companies could suffer if US-China trade talks go south


According to data compiled by FactSet, 57 companies in the S&P 500 get more than 10% of their sales from China. Several consumer companies have made a big bet on China as well. And it isn't just tech and consumer products companies in the S&P 500 that could be hurt by any further escalation of trade tensions with China. Chinese consumers may decide to stop buying American products too -- in China and abroad. McDonald's also doesn't believe that the trade war is hurting its sales in China.


Source: CNN November 30, 2018 17:03 UTC



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