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Trade Wars Go Main Street, Uncertainty Increases, Precious Metals Rally
In last week's article, I highlighted the fact that the trade wars between the United States and China were back in full force, with President Trump taking action against Huawei Technologies, a company that has been at the center of the trade wars since they began. The move by President Trump—blocking a shipment of semiconductors to Huawei Technologies from global chipmakers—unsurprisingly infuriated Chinese officials and was followed up by harsh rhetoric from both sides. Perhaps this move was political, as the November 2020 Presidential election is rapidly approaching and recent polls have indicated that ... (full story)