Question

name a U.S firm that is profiting from U.S.-China trade war and explain the financial impact of tariffs on the firm's profitability

Answer 1

U.S. firms such as starbucks, Nike and Boeing now make a large part of their profits serving the vast and growing cchinese middle class.

China has become the largest market to sell into for many of America's largest companies says Shaun Rein, managing director of the China market Research Group, which advises U.S. Companies doing business in china

The financial impact of tariffs on the firm's profitability are;

1. Significantly higher prices for consumers.

2. Higher tariff revenue for U.S. government.

3. Some increase in domestic employment.

4. Less consumer spending on other goods