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Supply Chain Dive

When the trade war with China costs small firms their largest export partner, where do they go next?

Sixty-two percent of middle market companies have been affected by the U.S.-China trade war and associated tariffs, according to a survey of 550 middle market companies prepared and conducted by DHM Research for Umpqua Bank, forcing them to search for new markets or delay expansion plans overseas.
"More than 7 in 10 middle-market companies are uncertain about the future of their business due to the US/China trade dispute, with nearly 2 in 10 reporting high levels of uncertainty," the report found.

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