The relentless pressure on both countries to expand their exports is threatening to create a trade war between the US and China. Congressmen, feeling the populist pressure from voters back home, have approved a new bill that would place import duties on Chinese goods, if they don't revalue the yuan. The bill has yet to be passed by the House or Senate. But if the U.S. government enters into a tit-for-tat trade war with China, it's likely the Chinese will respond. And that could hammer U.S. companies that export to China. We've evaluated the states, using data from the U.S. China Business Council, that export the most to China, and companies that might get crushed in each if a trade war commences. Read more: http://www.businessinsider.com/states-us-china-exports-2010-9#10-georgia-1#ixzz10g0JQ8Iq #10 Georgia #9 North Carolina #8 Ohio #7 New York #6 Illinois #5 Oregon #4 Louisiana #3 Texas #2 Washington #1 California
Table 2: Top US Exports to China 2009 ($ billion) *Calculated by USCBC Source: US International Trade Commission HS# Commodity description Volume % change over 2008 85 Electrical machinery andand equipment 9.5 -16.8 12 Oil seeds and oleaginous fruits 9.3 26.5 84 Power generation equipment 8.4 -13.8 88 Air and spacecraft 5.3 4.5 39 Plastics and articles thereof 4.4 14.1 90 Optics and medical equipment 4.0 6.0 72, 73 Iron and steel *3.5 *6.9 47 Pulp and paperboard 2.5 9.4 29 Organic chemicals 2.4 15.1 87 Vehicles, excluding railway 1.9 2.3
US Exports to China by State 2000-09 http://www.uschina.org/public/exports/2000_2009/full_state_report.pdf China is the third largest-export market for US products.