A recent report by 1792 Exchange, a non-profit focused on corporate accountability, reveals the extent to which numerous Fortune 100 companies rely financially on China. This dependence raises concerns about potential losses should sanctions or tariffs be imposed, particularly in light of geopolitical tensions and discussions surrounding trade with China. The report underscores the significant financial implications for these companies if US-China relations deteriorate further, potentially leading to substantial asset and revenue losses.

The report prompts crucial questions about the potential impact of sanctions or tariffs, the concessions these companies may be making to operate in China, and how these factors influence their policies both in China and the US. It also raises ethical questions regarding potential conflicts between a company's public stance in China and its US-based operations.

The report examines over 80 companies operating in China, estimating the potential financial impact of future sanctions based on balance sheet data, trade data, and sanctions calculations.

Prominent companies listed in the report include Citigroup, Intel, Boeing, Disney, Nike, and John Deere. While many companies haven't fully disclosed their dealings in China, 1792 Exchange has estimated the potential financial liability for those that have, considering potential sanctions under a future Trump administration.

For example, the report estimates Boeing's annual earnings from China at just under $5 billion, with a potential $1 billion sanction risk over three years. Intel, with $18 billion in annual revenue from China (representing over a quarter of its total revenue), faces a potential $5 billion sanction risk over the same period. Citigroup, meanwhile, could see an average of $16 billion in annual sanctions based on its nearly $5 billion annual revenue from China.

Daniel Cameron, former Kentucky Attorney General and CEO of 1792 Exchange, highlighted the significant sums at stake for US companies if sanctions are imposed on China. He expressed optimism about a future Trump administration implementing policies to reduce American dependence on China, hoping to bring jobs and businesses back to the US. Cameron believes this information will help the administration, corporate leaders, and investors make informed decisions regarding their relationship with China.

The report estimates that the listed companies generate over $600 billion in revenue from China on average and could face over $150 billion in sanctions. Cameron stressed the need for corporate transparency regarding involvement with China, emphasizing the importance of informing American workers, consumers, and investors about these potential liabilities.