The stance may be softening in the trade war between China and the United States. 

Last week US President Trump said the initial 145 percent tariffs wouldn't actually be that high. 

China appears to now be mulling their imposed tariffs. 

Greg Smiths of Devon Funs Management talks to Mike Hosking about the developments, the trade war's impact on the US economy and the good news for US tech stocks. 

LISTEN ABOVE.