Wednesday, March 05, 2025 | 05:34 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

A State-nudged boycott of US brands gives China trade war leverage

A Starbucks boycott? Mattel or Nike factory shutdowns?, China's 2017 actions against South Korean firms may be model

Nike, Nike logo
Premium

Nike logo. Photo: Reuters

Matthew Townsend | Bloomberg
America’s corporate bosses could be excused if they don’t agree with President Donald Trump’s boasts that a trade war is “easy to win.” They can just reflect on the levers of pain China pulled against South Korean-owned businesses last year to imagine a state-nudged boycott against Starbucks or shutdown of Nike’s factories.

China vows to retaliate against all US tariffs and announced $60 billion worth of American goods it plans to slap tariffs on if Trump’s administration follows through with a proposal to impose duties on another $200 billion in Chinese imports. Since that’s more than the value of all US

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in