FILE PHOTO: Small toy figures are seen in front of a displayed Huawei and 5G network logo in this illustration picture, March 30, 2019. REUTERS/Dado Ruvic/Illustration/File Photo
HONG KONG - Huawei is taking the trade war into uncharted territory. The onslaught by President Donald Trump’s administration on one of China’s biggest companies marks a worrying turning point. Such a relentless assault on a flagship corporate giant is virtually unprecedented. That makes everything much less predictable from here.
Huawei has been in caught in the crossfire for months. Even so, being added to a U.S. export blacklist last week dramatically worsened its predicament. Google, for one, suspended any business with the company that requires transfer of hardware, software and technical services, except those available via open-source licensing, Reuters reported.
There was some relief when Washington announced a temporary easing of restrictions on Monday. But that offers only limited comfort. Indeed, the real worry is not necessarily about the short-term impact to earnings, for either Huawei or suppliers. It is about the consequences of bombarding China’s 10th-largest non-financial company by revenue, one which accounts for about 0.2% of the country’s GDP, according to Capital Economics.
通过打压华为来增加贸易谈判的筹码？
wonder who started the attack? anybody knows the answer?
China’s clever long term plan was to basically control the supply of nearly all the easy to access rare metals needed for telecoms, particularly in Africa. Interesting (if scary) to see what happens next but this resource control could be key
Huawei takes? No Thanks!
是美国把贸易战升级的好吗
USA: don't blink China:
👋😁
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Exclusive: Google suspends some Huawei business - Reuters TVAlphabet Inc’s Google has suspended business with Huawei that requires the transfer of hardware and software products except those covered by open source licenses, a source close to the matter told Reuters on Sunday, in a blow to the Chinese technology company that the U.S. government has sought to blacklist around the world. TV you wish TV CyberWarfare TV This can backfire for Android and Google on general, once China comes up with a rival OS. And, if US makes China really angry, it may affect Apple as well.
Source: Reuters - 🏆 2. / 97 Read more »
Google revokes Huawei's Android license: reportsAlphabet Inc.'s Google has revoked Huawei Technologies Inc.'s Android license, Reuters reported Sunday, in a move that could cripple the Chinese tech giant's smartphone business. The move was later confirmed by The Verge. Huawei will be restricted to using only the public, open-source version of Android, Reuters said. Effectively, it means that Huawei will be immediately cut off from receiving Android system updates, including security updates, and future versions of Huawei smartphones will not be able to use YouTube, Gmail and the Google Play store, among other features. Last week, the Trump administration moved to restrict U.S. technology sales to Huawei and certain other foreign-owned companies. The U.S. has long claimed that telecom equipment from Huawei poses a national security risk. This is the end... my only friend, the end Happy Trade War China! Good
Source: MarketWatch - 🏆 3. / 97 Read more »
Huawei takes trade war into uncharted territoryWashington's attack on one of China’s biggest companies will hurt suppliers. But the onslaught marks a more worrying turning point. Such a relentless assault on a corporate giant is virtually unprecedented; that makes everything unpredictable, including the rules of engagement.
Source: Breakingviews - 🏆 470. / 51 Read more »
China's Huawei, 70 affiliates placed on U.S. trade blacklistThe U.S. Commerce Department said on Wednesday it is adding Huawei Technologies ... 哦嚯！这下包子玩脱了！😁 Good, Their companies have direct links to the Chinese Communist Party. No need to unnecessarily expose ourselves to their espionage. Huawei that controls a large amount of manufacturing has infected all its motherboards with pro-Chinese stealth spy tools!
Source: Reuters - 🏆 2. / 97 Read more »
Trump’s new chokehold on Huawei threatens the telecom firm and U.S.-China trade talksThe Trump administration's moves against foreign technology firms could endanger the survival of Huawei and put U.S.-China trade talks at risk.
Source: latimes - 🏆 11. / 82 Read more »
U.S. blacklists China's Huawei as trade dispute clouds global outlookThe Trump administration hit Chinese telecoms giant Huawei with severe sanctions... So when will China add a 20% tariff on Apple products exported to the USA? Huawei is a front company for Chinese intelligence & hacking Evil Turtleman.
Source: Reuters - 🏆 2. / 97 Read more »
China's Huawei, 70 affiliates placed on U.S. trade blacklistThe U.S. Commerce Department said on Wednesday it is adding Huawei Technologies ... In addition to the United States, the world's products have been blacklisted by the United States. 美国的自信哪去了，这就是美国强大的自信吧 US is the loser as the world moves ahead on 5G. Now it will be China's turn to ban US businesses I guess. Who will it be? Boeing? Caterpillar? Intel? Cisco? Apple perhaps? There are any number of US companies vying for Chinese market.
Source: Reuters - 🏆 2. / 97 Read more »
Huawei ban clouds U.S.-China trade talks, tech sectorA U.S. bid to block China's Huawei Technologies from buying vital American ... OMG Climate change is real!!!!! Huawei rules !! As the nytimes Alleges A Conspiracy Between Mike Flynn and Trump, A Separate Investigation Reveals No One Plays Golf On Trump's Los Angeles Course; Plus, Nothing There Is Made In The USA.
Source: Reuters - 🏆 2. / 97 Read more »
US actions against Huawei could threaten trade talksThe US Commerce Department has put Huawei on a trading blacklist. The Chinese tech giant says it has not ruled out legal action to resolve a growing crisis with the Trump administration: 'All options are on the table.' ok Sweet. Block them They are done for at least the next 7 years, and Pres Haley won't allow them in 2024 either.
Source: CNN - 🏆 4. / 95 Read more »
Dow futures slightly higher after US eases trade restrictions on HuaweiU.S. stock index futures were higher Tuesday, as market participants monitor trade developments between the world's two largest economies. Huawei is presently trying to get Europe to buy its 5 G Technology as opposed to the US Qualcomm. Trump’s trade tariffs & dishing on Europe may have given the huge contract to a Chinese company that sells more phones then Apple. Trump dishes Europe but use Deutsche Bank .2020. Leader Trump is crushing the ecomony!
Source: CNBC - 🏆 12. / 72 Read more »
Trump's Huawei ban escalates the US-China trade war into a tech Cold WarThe Huawei ban shows Trump is trying to cripple Chinese companies around the world not just in the US. The trade war is small compared to that. lopezlinette China has got no other option, then, who buys China products lopezlinette It’s a necessary step. Either China changes or it has to be locked out. realDonaldTrump is right. lopezlinette Trump is carefully protecting the US network infrastructure and technological capability from Chinese infiltration and acquisition. That's great. The US and China are in a slow war and hopefully always will be.
Source: BusinessInsider - 🏆 729. / 51 Read more »