This is a list of just 350 of the thousands of American companies that do business in China. AOL, Time Warner, American Express, Caterpillar Tractor, Colgate Palmolive, Goodyear, General Motors. I couldn't believe how dumb I'd been when I found out why business is in favor of low tariffs on Chinese products. It's because a lot of it is not Chinese. That's done with mirrors.
American companies own the factories in China.
The value of the things an American company ships from China to the United States is counted as part of that trade deficit. I don't know, it's all hard to figure out. I was never any good with chopsticks, either.