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Friday, October 10, 2025, 02:39 PM

US-China tariff tensions create buying opportunity for tech stocks: Wedbush

Tech shares came under pressure Friday following renewed US-China tensions after President Donald Trump threatened a “massive increase” in tariffs and hinted at canceling a planned meeting with Chinese President Xi Jinping. The remarks, posted on Trump's Truth Social account, came in response to Beijing's announcement that it will tighten restrictions on rare earth exports effective December 1.