US-China trade talks impact S\&P 500 companies' sales
Trade talks between the U.S. and China have begun, with trillions of dollars in sales for S&P 500 companies at stake, causing investors to watch closely. American companies derive a significant portion of their revenue from China, with the average S&P 500 member earning 6.1% of its revenue from sales there in 2024. Tariffs and trade uncertainties are already impacting earnings forecasts and causing some companies to withdraw guidance. Several sectors, including technology, consumer goods, and autos, are particularly vulnerable to the trade dispute. The outcome of the negotiations will significantly impact the financial performance of numerous U.S. corporations.