Everything we buy from China could be a weapon used against US: Gordon Chang | Fox Business Video

In a recent discussion, Gordon Chang expressed concerns about the potential risks associated with goods imported from China. He highlighted the possibility that common items, including everyday appliances and electric vehicles, could be adapted for malicious purposes similar to tactics used against Israel. This raises alarms for U.S. cybersecurity and national security as these products might be used to gather intelligence or as tools of espionage.

Read full article

Stock Forecasts

AAPLView AAPL chart on TradingView

Negative

The ongoing geopolitical tensions between the U.S. and China could lead to increased scrutiny and potential sanctions on Chinese goods. This might create a negative sentiment towards companies heavily reliant on Chinese imports. Potential investors should be cautious about investing in firms that could face operational disruptions due to these geopolitical risks.

CRWDView CRWD chart on TradingView

Positive

Companies involved in cybersecurity and defense, such as CrowdStrike or Northrop Grumman, may see increased demand for their services due to heightened security risks associated with Chinese products. These firms might benefit from government contracts and increased focus on national security.

Related News

Nancy Tengler encourages investors to have a ‘longer-term perspective’ on Magnificent 7 stocks | Fox Business Video

Laffer Tengler CEO and CIO Nancy Tengler discusses investment opportunities and more on ‘Making Money.'

AAPL
MSFT
NVDA

Taiwanese Employees of Foxconn, the Apple Supplier, Detained in China

Oct 11, 2024, 2:24 AM

Taiwan’s government said that they had been accused of a breach of trust, but that their employer, Foxconn, had denied the company suffered any losses.

AAPL

China detains iPhone maker workers in 'strange' case

Oct 11, 2024, 12:20 AM

The Taiwanese government suggested the detentions may be a case of "abuse of power" by Chinese police.

AAPL