Miner Company
Mizuho warns Trump- Xi summit may yield little but tech tensions remain the real risk
Mizuho Securities' Sean Darby says Chinese restrictions on rare earth access remain a key pressure point for U.S. tech sector, potentially eroding the strong margins many have recently enjoyed. He also expects the yuan to strengthen modestly after a Trump-Xi summit, helped by improving export quality and China's push to diversify trade beyond the US.
Mizuho Securities' Sean Darby says Chinese restrictions on rare earth access remain a key pressure point for U.S. tech sector, potentially eroding the strong margins many have recently enjoyed. He also expects the yuan to strengthen modestly after a Trump-Xi summit, helped by improving export quality and China's push to diversify trade beyond the US.