General Motors, one of America’s top carmakers, leads US companies in its exposure to China, perched in a delicate position as bilateral trade tensions persist amid US President Donald Trump’s steep 55 per cent tariffs on Chinese imports, according to a research report published this week.
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But GM is hardly alone. Elon Musk’s electric vehicle company Tesla, rival carmaker Ford, engine manufacturer Cummins, aerospace and tech firm Honeywell, beverage giant Coca-Cola, and chipmaker Qualcomm also rank in the top 10 for exposure to China, illustrating corporate America’s deep dependence on the country.
Influential companies Amazon, Apple, Meta and Nvidia did not make it to the top 10 but remain among the largest tech firms at risk due to disruptions in the Chinese market and their global supply chains.
That is according to the latest annual index from market research firm Strategy Risks, which assessed the top 250 publicly listed US companies to identify those most vulnerable to US-China trade tensions in 2025.
The report analyses a range of public information – including company filings, media reports, and government data – to assign each firm an exposure score from 0 to 100.
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