Top U.S. companies such as PepsiCo, General Electric and others have touted their involvement in Russia as central to their global strategy. Ford Motor Co. recently announced a partnership with the Sollers car company. Aerospace giants such as Boeing are among the top U.S. exporters to Russia.
“What we’ve been hearing from our members is a lot of concern that there are two ways America gets hurt in a game like this. One is by American sanctions, that put them out of business, and the other is by Russian retaliation, regardless of what we do,” said William Reinsch, president of the National Foreign Trade Council.