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

Trump showing no signs of backing down

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...