But it's unlikely that trade tensions between the two superpowers will see concrete improvement anytime soon, according to BMO Wealth Management.
"I wouldn't expect any easing at all," Yung-yu Ma, the firm's chief investment strategist, told CNBC's "He expects the U.S. to announce even more measures on top of the the recently"I do think the trend is for actually increasing technology restrictions and export restrictions," he said. The rules, publicized in early October, were imposed by the U.S. Department of Commerce. According to the United States, such advanced semiconductors can be used by China for advanced military capabilities.
I hope the president brought up that 80,000 Americans that died from fentanyl
This White Administration canceled The China Intiative 🇨🇳 (stop China from stealing intellectual property) & the fact is Joe Biden is compromised. Google it yourself no lie
Did Droopy Joe just give away our semiconductor hegemony?