US-China Tensions Could Put Pressure on Technology Industries - BeInCrypto

in DLIKE4 years ago

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The worsening relations are largely due to China's recent security activity in Hong Kong. In response, President Trump announced an end to Hong Kong's privileged status for trade.

However, while the President made clear his condemnation of the actions, he stopped short of further trade restrictions on China. This caused an almost immediate jump in technology stocks, particularly in semiconductors.


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