China businesses are as aggravated about the trade war brewing between Beijing and Washington as their U.S. counterparts. But China companies may have more to sweat.
“Our China partners are surprised and disappointed to see this happening,” says Jim Sutter, the CEO of the U.S. Soybean Export Council, the main lobbying arm for one of the industries China hit with tariffs.
“They want to keep doing business with us. But they understand they have to follow the lead of their government.”