U.S.-China Tensions Could Be The Biggest Risk To U.S. Stocks This Year
China could retaliate for the Huawei regulations by means of setting US organizations on an "unreliable entity list." A sort of US businesses may be impacted need to this come to pass.
Last week, US Secretary of State Mike Pompeo accused China of trying to steal US intellectual property and records related to COVID-19 research. The Chinese Embassy in Washington condemned the allegations as "lies."
Another flash point - one that seems to rattle markets most - is change. Last week, President Trump threatened to close down the US' whole trade courting with China, announcing the US could save $500 billion if he "cut off the entire dating" with China.
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