A trade war with China? Who will lose the most? – Onet.pl

Photo: ALY SONG / Reuters Port of Shanghai

In 2015 U.S. exports to China amounted to 113 billion and the average growth of exports to this country increased in the past decade to 8.9 percent. a year – according to the Us-China Business Council.

For China gets 8 percent. for U.S. exports, and they are third after Canada (19%). and Mexico (15 percent). trading partner for the United States.

In the case of trade wars or the imposition of any obstacles for U.S. companies doing business with China, can hurt those that export more, that is: farmers diluted soya, manufacturers of airplanes and cars.

soybean exports from U.S. to China in 2014 amounted to $ 15 billion, airplanes and parts for airplanes 14 billion DOLLARS, cars for $ 11 billion, and semiconductors – 6 billion UAH.

According to a JP Morgan report, in 2015, among the companies of the S&P 500, the most “dependent” on trade with China are technology companies, especially manufacturers of components.