Trade war land officially returned in addition to tariffs also holds this retaliation

Even if the negotiations under the table may continue, but in retaliation for the tariff policy promulgated by US President Trump last month, mainland China also announced on the 1st that it imposes tariffs on 128 imports of goods from the United States and will take effect from the 2nd, China and the United States. Trade war officially detonated.

MarketWatch reported that trade wars have caused US investors to get into trouble this summer. The stock market gains may be suppressed, or at least impose restrictions on those companies that have the largest stake in China. After all, China is the second largest economy in the world, and It is the United States’ second largest trading partner to the European Union. US semiconductor manufacturers, Starbucks and Boeing are among the companies that may be brutally tormented.

The report pointed out that if the Sino-U.S. negotiations break down, tariffs are not the only way for China to retaliate, and U.S. companies may suffer. The Chinese government may resort to trade restrictions or rules to allow some U.S. companies to step back from the 2010 giant Googlew exit of China's huge market. .

According to the recently released annual financial report data, among the S&P 500 index constituents, the top 20 companies with the highest sales in China have a total revenue of 158.4 billion U.S. dollars, of which Apple’s is the highest with US$44.764 billion, followed by Intel, followed by For Qualcomm, Boeing, Micron, Broadcom, Cisco and Texas Instruments etc.

As for the companies with the highest market share in the Chinese market, there are semiconductor companies such as Skyworks Solutions, Qualcomm, Qorvo, Broadcom, Micron, and Texas Instruments.