What happened this week

https://capture.dropbox.com/Cu07MxdccPuSYWiX

In the tech sector; Chinese Foreign Minister is trying to persuade Japan not to support the US’s curbs on China’s semiconductor industry. The US has been trying to rally key players in the supply chain for China’s semiconductor industry, in order to chip export restrictions. Japan announced on Friday new export restrictions on 23 types of semiconductor manufacturing equipment, but did not specifically name China. 

A group of Democratic lawmakers are defending TikTok amid efforts to ban the Chinese-owned platform. Lawmakers have been critical of the app; claiming that it is trying to divide the American people by pushing pro-CCP narratives. The Chinese parent company, ByteDance, is required by Chinese law to make the app’s data available to the CCP.

Looking ahead to this week:

Mon April 3rd: Construction Spending

Tues April 4th: Factory Orders

Wed April 5th: US Trade Balance

Thurs April 6th: Initial Jobless Claims

Fri April 7th:  US Unemployment rate