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The U.S. Tech Companies That Are Betting Big on China

Summary by Money & Markets
In 2024, the United States ran up a $295.4 billion trade deficit with China — the largest deficit with any single trading partner in the world. So, it stands to reason why trade with China has been in the crosshairs of the Trump administration. The deficit was the motivating factor behind President Trump’s triple-digit reciprocal tariff issued in April (since paused). While we won’t know the true impact of these trade levies for months, we can g…
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Money & Markets broke the news in on Wednesday, May 21, 2025.
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