Trump’s Trade War With China Hasn’t Wrecked TechYet

Now for your latest installment of the on-again, off-again trade war between the US and China, we have President Trump blasting Beijing for reneging on commitments to clamp down on intellectual property theft, end forced technology transfers from US tech companies, and allow US companies greater access to the domestic Chinese market, including in cloud computing. Until Sunday’s tweets, the smart money had been on a deal. The sudden cooling—and a promise that tariffs on $200 billion of Chinese goods imported into the US would rise from 10 percent to 25 percent on Friday—has spooked financial markets and unsettled businesses ranging from apparel to autos and especially to tech. Reaction to the new hostilities ranged from warnings of a 20 …