The United States is currently pushing Germany while the president is planning to push Britain in June to stop using Huawei's 5G infrastructure. In the last sign of escalating transatlantic tensions over trade and security, Pompeo said on the first stage of a five-day European tour that while the countries would take a "sovereign decision" on what equipment to use, this decision would have consequences.
At a press conference in Germany, Reuters reports that Pompeo stated that "(It is) is a risk we must change our behavior in light of the fact that we cannot allow data on private citizens or data on national security to go over networks we do not trust. "
On May 1
Verge published a report this week entitled "China Has No Good Opportunity to Receive Trump's Huawei Ban." And yet, today we are learning in a Chinese publication that the Chinese government has in fact decided on Opposing the blacklist created by the US administration.
Caixin Global reports that "China is planning to place foreign companies considered to have damaged the interests of Chinese companies in an" unreliable entity "of its trade department said Friday.
China's own list, which also includes organizations and individuals, will target units that are considered to have blocked or cut out Chinese companies from vendors for non-commercial reasons, Gao Feng, spokesman for the Trade Department, said promising further details soon.
In another report published today by Caixin, they write: "The tit-for-tat excitement has spread to research groups. China's leading research-based research community announced on Thursday, it will" temporarily suspend communication and collaboration "with a unit during the world's largest technical community, the Institute of Electrical and Electronic Engineers (IEEE).
The move comes after the US-based IEEE confirmed earlier this week that Huawei employees are prohibited from being editors or reviewers during the peer review process for research papers, in order to comply with the US Government's "Entity List" as a New York-registered "non-political and non-profit organization."  China Computer Federation (CCF) responded by saying that the IEEE, a publication arm called the Communications Society (ComSoc), has betrayed the research group's basic principles – "transparency , equality and non-political »- use local laws as excuses. ComSoc also failed in its pledge to serve "professionals everywhere," CCF said.
Apart from communication and collaboration dependency, CCF recommended that its members do not submit documents to any ComSoc-led conferences or journals, nor participate in their professional events, such as paper receipts.
CCF said the decisions will come into force immediately.
Morgan Stanley at Apple and Trade Tensions with China
Morgan Stanley analyst Katy Huberty, a real bull at Apple, cut his price target at Apple in a note distributed to investors this week, marking the latest iPhone manufacturer downgrade, according to a CNBC report.
"Given the risk of further restrictive trading measures … we expect stocks to remain choppy, with a long-term floor of around $ 160," Huberty wrote in the note. The stock is currently trading around $ 177 and is down more than 15% since May 1.
"If Apple fails to persuade [U.S. trade representative] to remove key categories from the final list of taxed goods, Apple representative must submit a request for each product they wish to be excluded, and give reasons for why. should be excluded from the tariff list, "according to the note.
It continued: " The situation remains extremely fluid, and we admit that it is difficult to quantify the overall effect of geopolitical tensions on Apple, given the unknowns about timing, demand impact, retaliatory measures, exclusions, etc.
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