Impacts of reciprocal restrictions eroding profits, disrupting supply chains and intensifying market competition are back in the spotlight
4-MIN READ4-MIN ListenSherry Wangin BeijingPublished: 5:00pm, 21 Sep 2026With President Xi Jinping expected to meet US President Donald Trump in Washington this week, attention is again turning to the tit-for-tat trade and technology restrictions between the two nations – a friction that continues to escalate despite occasional reprieves.Over the past year, tech firms and industrial manufacturers on both sides have been casualties of the ever-intensifying rivalry, even as some benefit from growing state support to cushion the blow.From lost sales and squeezed margins to supply-chain disruptions and rising competition, this piece breaks down how the restrictions are affecting companies in the world’s two largest economies, drawing on earnings reports from 18 listed firms.
Many of the firms reported direct financial impacts from US-China restrictions, including lost revenue, lower profits, cancelled orders and substantial inventory writedowns.
