The Trump administration pushed out 2 key officials focused on countering technological threats from China, the WSJ reports citing sources; this has raised concerns among US security hawks about the softer stance towards China

The Trump administration pushed out 2 key officials focused on countering technological threats from China, the WSJ reports citing sources; this has raised concerns among US security hawks about the softer stance towards China.

The report about the Trump administration dismissing two officials pivotal in countering China’s technological threats indicates a potential shift towards a less aggressive stance in U.S.-China relations. This could weigh on market sentiment, especially for sectors sensitive to global trade dynamics, thereby impacting currencies like the USD and JPY, as well as equities tied to technology and commodities.