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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting

QCOM 174.18

+1.1%

Dec 18 3:59 PM EST

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Lance Bredvold

To: Qurious who wrote (147901)	7/24/2018 6:10:48 PM
From: Art Bechhoefer	1 Recommendation Read Replies (2) of 196989

Given that the ZTE ban appears to be nearing resolution, and given that the administration has decided to increase number of Chinese goods subject to tariffs (in the guise of national security), China has little leverage other than to stall on approving acquisitions such as QCOM–NXPI. I don't blame China in reacting to a policy that was stupid from the start. And today, to make matters worse, the administration says it's considering $12 billion subsidies to U.S. farmers hurt by retaliatory tariffs. What did they expect? The latest threat shows that the administration has no intention of backing down on the use of tariffs as punishment (against the rules of the World Trade Organization) and will likely ignore damage to companies subject to unfavorable Chinese regulatory rulings. Qualcomm is not the only U.S. company suffering from these ill conceived policies. In the end the taxpayers lose. Art

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