The US Commerce Department said on Wednesday it added Huawei to itsthat prevents the company from purchasing American parts and components without the government's approval first.
"While we expect a lot more sand to be thrown in the sand box between the Beltway and Shanghai until the G-20 talks in late June around these trade tensions, we caution investors on Apple to not jump to conclusions and instead rationally digest the most likely scenario when analyzing the stock," Ives told clients in a note out Thursday.
"Based on our analysis the way the tariff situation stands today on some lithium batteries and other input materials the cost of making iPhones currently will go up by roughly 2%-3%," Ives said.
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Exclusive: Trump expected to sign order paving way for U.S. telecoms ban on HuaweiPresident Donald Trump is expected to sign an executive order this week barring ... davidshepardson You cannot block technology with various bans... davidshepardson Technology can never be prevented with various bans... davidshepardson China's intensive support to Huawei is precisely in line with its national goals.
Source: Reuters - 🏆 2. / 97 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 »
Trump Steps Up Assault on China’s HuaweiThe Trump administration escalated its battle against Huawei with a pair of actions that threatens to both cut the Chinese telecommunications giant off from American suppliers and ban it from doing business in the U.S. thanks president trump. Freedom is Never Free! Continually raise the tariff on all Chinese goods to 45% to 100% to 200%... PLUS for every percent that the exchange rate of CNY to USD is above 6.5, automatically add 2 extra percents of tariff! Long live President Trump! Freedom is Never Free! This implies one thing. Trump isn't after a better deal. Trump is after a kind of a war... that will make the Chines submit to his will If any one remotely knows the Chines leaders This will never happen China can really hurt us if it decides too do so
Source: WSJ - 🏆 98. / 63 Read more »
Why Alibaba and Tencent may not have the same Trump problems that Huawei hasThe focus to restrict Huawei's access to American companies appears to be motivated by concerns regarding secrecy and intellectual property, but the firm is also a main competitor to many U.S. telecom equipment businesses, according to Gil Luria. That is the next one！
Source: CNBC - 🏆 12. / 72 Read more »
Stock futures slip after Trump appears to crack down on China’s HuaweiU.S. stock futures point to a dip for equities Thursday, after President Donald Trump appears to target China telecommunications group Huawei with an emergency declaration against threats to U.S. technology. Wrong. Stocks are UP Shouldn’t the market consistently tumble bc we all know our president is intellectually inept, one of the biggest economic losers of all time, bankrupts everything he touches and is dealing with people far smarter than him and his “brain trust” on almost every issue?
Source: MarketWatch - 🏆 3. / 97 Read more »
Trump throws more fuel on Europe's Huawei nightmareUS President Donald Trump's newest executive order has escalated his administration's campaign against Chinese telecoms giant Huawei, raising pressure on European allies. My read is that trump may not see a trade deal any time soon China and many other country can replace the componets mostly,,USA is just lose the supply market..By the way,China can also stop the export of rear earth...
Source: CNN - 🏆 4. / 95 Read more »
Donald Trump gets tough on HuaweiTwo decisions could ensnare other Chinese technology firms huawei is a digital war machine from China that must be stop and be limited in their power to wage war. It has to be broken up. The LEFT simply thinks they are just a nice phone maker. Bad 치킨게임은 용감한 자가 이긴다? 너무 용감하면 먼저 죽는다. 죽지않을 정도만 용감해라. 뭐 게임은 맷집싸움 나도 펀치에 죽을 맛인데 니가 더 힘들겠지 서로 믿으면 한쪽 녹아웃 될때까지 피똥싸는 거지. 승자도 상처뿐인 영광. 트럼프도 시진핑도 인내심이 강하진 못할듯. 둘다 악몽으로힘들겠지
Source: TheEconomist - 🏆 6. / 92 Read more »
Trump is being mocked on Chinese social media for giving Huawei free publicityTrump's executive order is expected to precede a ban on US companies buying Huawei telecoms equipment. Hes also mocked on US media.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Trump signs order setting stage to ban Huawei from U.S.President Trump’s executive order declares a national emergency allowing the government to block the purchase of tech linked to foreign adversaries SMH Why doesn’t he do anything about that other adversary, Russia 🇷🇺?
Source: politico - 🏆 381. / 59 Read more »