President Xi has been heavily promoting Made in China 2025, using technology to promote highly competitive products. But how much of that innovation is the IP of the United States? In today’s podcast Phil Dobbie talks to NABs Tapas Strickland about how the Trump administration is strengthening its aim at China’s high-tech industries and the impact it’s having on the NASDAQ. But it’s not just those trade talks that are hitting technology stocks. They also look ahead to tonight’s PCE deflators, the key measure of US inflation. And it’s exactly one year till Britain leaves the EU, with so much still to sort out.