US trade war with China won’t be ending anytime soon, and it is a big concern: CNBC CFO survey



David Spiegel | CNBC

U.S. trade policy has reemerged as the top concern from chief financial officers at some of the world’s largest companies. More than 35 percent of CFOs taking the fourth-quarter CNBC Global CFO Council survey say U.S. trade policy is the biggest external risk factor facing their business, and nearly 75 percent of respondents expect U.S. trade policy to have a negative impact on their business over the next six months. Not a single CFO surveyed expects a positive impact as a result of U.S. trade policy. The CNBC Global CFO Council represents some of the largest public and private companies in the world, collectively managing nearly $5 trillion in market value across a wide variety of sectors. The survey was conducted from Nov. 13–19, 2018. Read more here