Gunning for Huawei could backfire on Donald Trump
This is a high-risk game the US is playing and China is in no mood to be bullied and its retaliation might hurt the US even more
04 June 2019 - 05:06
The interconnected nature (and vulnerability) of the global trading system was dramatically demonstrated with the US commerce department’s announcement on May 15 that US companies would need permission — in the form of a special licence — to do business with Chinese firm Huawei, the world’s second-largest smartphone maker and the largest manufacturer of telecoms equipment.
The US announcement amounts to an export ban of American technology to Huawei...
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