Trump stirs up U.S.-China trade

|About: Qualcomm Inc. (QCOM)|By:, SA News Editor

The trade deals in China keep coming as the White House expects to announce upwards of $250B in investments during President Trump's visit to Beijing.

Big announcements today included over $50B of contracts and MOUs for Qualcomm (NASDAQ:QCOM), Boeing (NYSE:BA), Air Products (NYSE:APD) and General Electric (NYSE:GE).

China's Sinopec also agreed to help develop Alaska's liquefied natural gas sector, creating up to 12,000 American jobs and reducing the U.S. trade deficit with Asia.

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