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Could Qualcomm Secure China’s Approval for the NXP Deal?

Paige Tanner
Could Qualcomm Secure China’s Approval for the NXP Deal?

The US-China (MCHI) trade war started on July 6, when the countries both imposed tariffs on each other’s imports. On July 11, Donald Trump announced tariffs on another $200 billion in Chinese imports. China’s MOFCOM (Ministry of Commerce) threatened to resort to comprehensive measures such as increasing tax, canceling licenses and partnerships, slowing approval processes, and increasing regulatory scrutiny.