Allianz's Dwane: We're on the edge of a 'tech cold war'

Trump showing no signs of backing down

clock • 4 min read

After US President Donald Trump last week suggested that he could place double-digit tariffs on iPhones and laptops imported from China, investors and consumers alike watched on nervously.

But 2018 has not been without its tumultuous trade sanctions and tensions between the US and China, as Trump implements his wide-ranging trade reforms with a particular focus on China.  And, as the rest of the world has been understandably worrying about the markets, it seems that last week's news has confirmed a more important story - the potential for a ‘tech cold war'. The Trump administration has made it clear that it views China as a strategic technological competitor, and it may be aiming to stop China's access to cutting-edge US technologies completely. This could transform the ec...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Investment

Partner Content: Is the interest rate descent the time to harvest bonds?

Partner Content: Is the interest rate descent the time to harvest bonds?

Markets expect interest rates to fall this year, offering investors the strongest opportunity for fixed income seen for a long time. Watch this video podcast to learn how best to harvest this exciting opportunity.

Sarka Halas
clock 28 March 2024 • 1 min read
Partner Insight: How effective are impact investments?

Partner Insight: How effective are impact investments?

Impact investing has transformed over the past decade, giving investors the opportunity to pursue both financial returns and social and environmental outcomes.

Sarka Halas
clock 27 March 2024 • 2 min read
Partner Insight: High-yield investors should keep a close eye on the default cycle

Partner Insight: High-yield investors should keep a close eye on the default cycle

As central banks start to think about cutting interest rates, forecasts for a peak in credit default rates are not far behind — and could happen sooner than expected, says Wellington Management’s Alex King.

Sarka Halas
clock 27 March 2024 • 2 min read
Trustpilot