Americans are giving Made in China the cold shoulder
20:50, Monday, 18 May, 2020
Supply Lines is a daily newsletter that tracks COVID-19’s impact on trade. Sign up here, and subscribe to our Covid-19 podcast for the latest news and analysis on the pandemic. It’s not quite a new Cold War yet. Just the cold shoulder. Some 40% of Americans said they won’t buy products from China, according to a survey of 1,012 adults conducted May 12-14 by Washington-based FTI Consulting, a business advisory firm. That compares with 22% who say they won’t buy from India, 17% who refuse to purchase from Mexico and 12% who boycott goods from Europe. For observers of trade policy, that last point is striking because a large majority in the U.S. have traditionally shunned protectionism. According to Gallup, almost four-fifths of Americans embrace international commerce as an opportunity rather that a threat, a number that’s steadily risen over the past decade.