Trump’s Trade War Deepens Threat to U.S. Brands in China

Cao Lili, a Sichuan mother of three, once embraced products made around the world. Now she is shopping local.

A few years ago, she traded her Honda for a Chinese electric vehicle made by Li Auto. She decided to turn in her iPhone for a model made by China’s Huawei in light of the escalating trade war. And she saw the Chinese animated movie “Ne Zha 2” in theaters twice earlier this year, tickets that helped power the film to a record-setting gross of $2.1 billion.