JPMorgan analysis finds Trump's tariffs are working on China—at a huge cost to small American business

Outflows from midsize U.S. firms to China have dropped by approximately 20% since 2024, but there's a price.

Feb 19, 2026 - 20:00
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JPMorgan analysis finds Trump's tariffs are working on China—at a huge cost to small American business
Outflows from midsize U.S. firms to China have dropped by approximately 20% since 2024, but there's a price.

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