Trump's Trade War With China Could Mean More Pain for Tech

The transcript discusses the differing perspectives on the U.S.-China trade war. The White House views the slowing Chinese economy as a sign of successful tariffs, while U.S. companies see it as harmful. Kevin Hassett's remarks about companies with a significant presence in China cutting earnings led to a market sell-off, indicating the impact of his comments on investors.

In what way do U.S. companies perceive the trade war according to the text?

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What effect did the news about companies with a footprint in China have on the stock market?

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