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U.S. companies in China mostly oppose tariffs, survey shows

U.S.
U.S. companies in China mostly oppose tariffs, survey shows

SHANGHAI (Reuters) - Most U.S. businesses operating in China oppose using tariffs as a weapon to solve their problems ranging from market access to poor protection of intellectual property rights, a survey suggested on Thursday. Nearly 69 percent of the 434 respondents to the annual China Business Climate Survey of the American Chamber of Commerce in Shanghai opposed tariffs, while 8.5 percent backed them. The survey, conducted April 10 to May 10, reflects the mix of concerns and realities for American businesses in China at a time of heightened uncertainty as the Trump administration raises the ante in its trade war with Beijing. President Donald Trump accuses China of unfair trade practices