Senior U.S. Official Said Expects Discussions on China's Move to Require Licenses for Export of Gallium, Germanium
Portfolio Pulse from Charles Gross
A senior U.S. official has stated that discussions are expected regarding China's move to require licenses for the export of gallium and germanium. This could potentially impact trade relations and the supply chain of these elements.
July 06, 2023 | 10:34 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
China's move to require licenses for the export of gallium and germanium could potentially impact the iShares China Large-Cap ETF (FXI) due to potential changes in trade relations and supply chain disruptions.
The new licensing requirement could lead to trade tensions and supply chain disruptions, which could negatively impact the performance of the FXI ETF, which tracks large-cap Chinese companies.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
The SPDR S&P 500 ETF (SPY) could potentially be impacted by China's move to require licenses for the export of gallium and germanium due to potential changes in trade relations and supply chain disruptions.
The new licensing requirement could lead to trade tensions and supply chain disruptions, which could negatively impact the performance of the SPY ETF, which tracks the S&P 500 index.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70