US bans Huawei Products for Use by anarchy999

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· @anarchy999 ·
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US bans Huawei Products for Use
President Trump has raised the bar in the  US trade wars with China.  This time, Trump has targeted $100 billion telecom giant Huawei by creating and signing sanctions that would bar the company from dealing with US companies.

Huawei is a huge producer of telecom hardware and a 5G pioneer.  The company requires parts from US companies including Intel and Qualcom.

China has been threatening large United States companies including Boeing and industries including steel.

We will see what happens.  This is a major move on Trump' s end, and may end badly.  United States Steel for example is down 58% YTD.

Sources:

Picture from Pixabay: https://pixabay.com/fr/photos/huawei-p8-smartphone-huawei-tech-1106911/


https://amp-cnn-com.cdn.ampproject.org/v/s/amp.cnn.com/cnn/2019/05/16/business/huawei-trade-war/index.html?amp_js_v=a2&amp_gsa=1&usqp=mq331AQFCAGgAQI%3D#referrer=https%3A%2F%2Fwww.google.com&amp_tf=From%20%251%24s&ampshare=https%3A%2F%2Fwww.cnn.com%2F2019%2F05%2F16%2Fbusiness%2Fhuawei-trade-war%2Findex.html

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SteemPlus upvote
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