This picture shows the logo of Chinese telecoms giant Huawei is displayed at an electronics store in Tokyo on May 23, 2019. – Japan’s Panasonic on May 23, 2019 said it would stop supplying some components to Huawei, joining a growing list of firms distancing themselves from the Chinese telecoms giant after a US ban over security concerns.
“The US use of state power to arbitrarily exert pressure on a private Chinese company like Huawei is typical economic bullying,” Foreign Minister Wang Yi said Wednesday.Huawei was dealt a new blow as Japan’s Panasonic announced it would stop supplying some components to the company. The moves came a day after major Japanese and British mobile carriers said they would delay releasing new Huawei handsets, upping the pressure on the world’s second-largest smartphone manufacturer.
Trump’s moves came days after he increased tariffs on $200 billion in Chinese goods, prompting Beijing to hike duties on $60 billion in American products.
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