These 5 companies would be hurt by Trump entering a trade war with China


President Donald Trump has already pulled out of the Trans-Pacific Partnership. He’s also promised to "renegotiate" the North American Free Trade Agreement, and he’s proposed a 20% tax on products coming across the Mexican border. All of these actions, plus his rhetoric on the campaign trail, have some worried that the president is going to start a trade war with China, one where there are boycotts in both countries of products from the other.

Here are five companies that could be hurt in a major way by a trade war between the United States and China:

Albin Lohr-Jones/AP

Yum! Brands

Yum! Brands is a major fast food company that includes brands like Taco Bell, Pizza Hut and KFC. They get 54% of their revenue from China, according to CBS News.


The maker of chips for cell phones gets 57% of its revenue from China, according to Business Insider.


Yes, even giant consumer companies like Apple could be hurt by boycotts in China. Around 25% of the Cupertino tech company’s revenue comes from China, according to CBS.

Mary Altaffer/AP


Nike has seen huge growth in China ever since the country hosted the 2008 Summer Olympics, Bloomberg reported last year. A trade war would obviously stunt that growth.


The Golden Arches does 13% of its business in China, CBS reports. With the fast food giant already struggling, a hit to its business in China would be a major blow.