"The latest US broadside against Huawei that puts the Chinese firm on a blacklist for export threatens to rattle the global technology chain, tied closely to $ 105 billion by the world's largest telecom network provider," Reuters reports. . "The Trump administration has said it will add Huawei Technologies and 70 affiliates to its" Entity List "- a move that is likely to ban the company from acquiring US components and technology without government approval, and adding another fire element to trading ̵
"It would disturb Huawei's business at a minimum and everything, but put it out of business in an extreme, while its US suppliers would also be hit, [analysts] said," Reuters reports. "On the other hand, American companies like Apple face the risk of serious retaliation from China, a key market."
Huawei's business has come under pressure in the past year, in view of growing international control, led by US claims that the equipment can be used by Beijing for espionage, a concern the company has said is unfounded, "Reuters reports." orders not specifically mentioned any country or company, US officials have previously labeled Huawei as a threat. & # 39; & # 39; The United States already seems to have decided to push Huawei down, the source of the Chinese-based US technology company said. The problem is that because it does not appear to be a prospect for a trade deal in the near future, the US has accelerated the process of killing Huawei.
Read more in the whole article here.
MacDailyNews Take: Another impetus for China to get to an appointment, maybe?
The media lies to you about President Trumps China tariffs – May 15, 2019
Analyst: Overloading Apple Investors for US and China Commercial War and Supreme App Store Decision – May 14 2019
Apple, Deere & Co, retail in focus when the US issues fresh tariff list – May 14, 2019
Gene Munster: Apple probably saved from China tariffs – May 10, 2019
Apple shares fall 7 % in the week of fear China's trade-threatening threatens iPhone sales – May 10, 2019
] Apple's IOS 13 rumored to release support for iPhone 6, iPhone SE and iPhone 5s – May 10, 2019
Apple not you t hurt of China tariffs, probably only to absorb the extra cost – May 10, 2019
Apple temporarily avoids new tariffs while the trade war between the United States and China escalates – May 10, 2019
Dow futures fall after President Trump Tweets – absolutely not necessary to rush on China trade deal – May 10, 2019
China overplayed its hand with US President Trump on trade and it may cost them dear – May 9, 2019
Apple CEO Tim Cook optimistic about US-China trade talks – February 12, 2019
President Trump says the US is doing well in trade negotiations with China – January 23, 2019
China's 2018 growth slows down to 28-year-low, more stimulus seen – January 22, 2019
] Apple CEO Tim Cook: I am very optimistic about trade negotiations in the US and China – 8 January 2019
Counselor for President Trump: Apple's Sales Should Pick Up When the US China Trade Deal – January 3, 2019