What companies will benefit most from China trade deal?

Companies such as Microchip Technology (MCHP) and Qorvo (QRVO), two stocks Plumb owns, as well as Intel (INTC), Nvidia (NVDA), Advanced Micro Devices (AMD), Texas Instruments (TXN) and Qualcomm (QCOM) should benefit.

How much does China buy from the US?

From January 2020 through December 2020, China’s imports of all uncovered products from the United States were $35.0 billion, 23.3 percent lower than in 2017. Over the same period, US exports of all uncovered products to China were $30.7 billion, 11.7 percent lower than in 2017.

Who will benefit from the US-China trade war?

A quick guide to the US-China trade war Winner: President Xi Jinping China appears set to emerge from the signing having agreed to terms it offered early in the process, including loosening market access to US financial and car firms. In many cases, companies from other countries are already benefiting from the changes.

What does the US-China trade deal mean for the global economy?

After more than two years of rising tension, the US and China have signed a deal aimed at calming trade frictions. The agreement has been hard-fought, but it is unclear how much economic relief from their trade war it will offer.

Did Trump’s trade war with China go as he hoped?

While trade tensions between the world’s two biggest economic powers didn’t start under Trump, he broadened the fight with the unprecedented tariffs and sanctions on technology companies. The tougher approach, according to the scorecard that follows, didn’t go as he hoped.

How much did the trade war cost the US?

By her estimate, the trade war cost the U.S. 0.08\% GDP over the same period. The clearest winner was Vietnam, where the tariffs boosted GDP by nearly 0.2 percentage point as companies relocated. U.S. Consumer Foots the Bill Trump repeatedly claimed that China was paying for the tariffs.