Former Kentucky Attorney General Daniel Cameron spoke to Fox News Digital about his new report on Fortune 100 companies invested in China. (Getty Images)
Dozens of companies are included in the report, including Citigroup, Intel, Boeing, Disney, Nike and John Deere.
While many of the companies listed have not fully disclosed the full scope of their China business dealings, some have and in those cases, 1792 Exchange estimated the potential financial liability those companies face from potential sanctions in China during the upcoming Trump administration.
Chinese President Xi Jinping. (Li Gang/Xinhua via Getty Images)
Fox News Digital spoke to Daniel Cameron, former Kentucky Republican attorney general and 1792 Exchange CEO, about the report, and he said he hopes people take away from the data the "staggering amount of money our Fortune 100 companies could lose in the event of sanctions imposed on China."
Cameron told Fox News Digital he is optimistic that the incoming Trump administration will implement policies that drive American independence from China.
"My hope is that we're able to bring a lot of jobs back to this country and more businesses and then make a judgment, a decision to park their operations within the United States," Cameron said. "That's good for the American worker and I think particularly through some of the information that we've been able to share as it relates to this China risk database, I'm hopeful that again, yes, optimistic that President Trump is going to do right by the United States. He's going to do right by the American worker and consumer and I'm hopeful that the information that we've provided will help the administration, but it will also help CEOs and board leadership and investors be wise about their relationship with China."
Overall, the companies listed in the report generate over $600 billion in revenue from China on average and would face sanctions totaling over $150 billion on average.
"Far too many of America’s largest corporations are shielding from the public their involvement with an oppressive communist regime. This failure to provide any corporate transparency is a glaring threat to America’s future," Cameron said about the data in the report. "Enough is enough. American workers, consumers, and investors should be aware of where these major liabilities lie."
Andrew Mark Miller is a reporter at Fox News. Find him on Twitter @andymarkmiller and email tips to AndrewMark.Miller@Fox.com.
https://www.foxnews.com/politics/new-report-warns-top-us-companies-at-risk-hefty-fines-possible-china-sanctions