Trump's Asian tech tycoon pals feel strains of trade war

US confrontation with China rattles plans of SoftBank, Foxconn and Alibaba

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ZACH COLEMAN, Nikkei Asian Review deputy editor

HONG KONG -- SoftBank's Masayoshi Son, Foxconn's Terry Gou and Alibaba's Jack Ma were the Asian tech tycoons who were going to help U.S. President Donald Trump "Make America Great Again."

The chief executive of Japan's SoftBank was one of the first company chiefs to congratulate Trump at his New York headquarters after his November 2016 election victory, with Ma following soon after. Son carried with him a promise of investment from Gou, who would himself visit Trump at the White House the following April. Together the trio pledged to invest at least $60 billion in the U.S. and help create more than 1 million jobs.

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