A sharp drop in Chinese economic growth will hit the profits of U. S. firms but sales by Apple Inc and other American companies should recover once Washington strikes a trade deal with Beijing, a senior White House adviser said on Thursday.
WASHINGTON (Reuters) – A sharp drop in Chinese economic growth will hit the profits of U. S. firms but sales by Apple Inc and other American companies should recover once Washington strikes a trade deal with Beijing, a senior White House adviser said on Thursday.