Businesses are making arrangements to diversify their supply-chain investments away from the China market and enacting other structural changes to account for that, Mr. Parker said. It could take about three to five years to build up the supply chain elsewhere, he added. The U.S. and China reached a truce in trade negotiations this month, with the U.S. agreeing to put off a round of tariff increases originally scheduled for October. China agreed to increase purchases of U.S. agricultural products. No formal agreement was signed last week, pending further discussions of details. The long-term effects of the tariff dispute could affect some companies’ financial positions and credit ratings as well as the loss of long-term supply contracts, said Ted Pokorski, the director of treasury at Regal Beloit Corp., a Beloit, Wis.-based maker of electric motors, who also spoke on the panel. A survey of U.S.-China Business Council members in […]