Trump may reportedly blacklist Chinese surveillance giant Hikvision, showing the trade war is shifting from sweeping tariffs to direct attacks on companies

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Reports that Trump may ban exports to Hikvision, on the heels of the Huawei drama, highlights the trade war is evolving — and traders are jittery.

World stock markets were mixed on Wednesday as traders braced for the Trump administration to potentially add Chinese video-surveillance giant Hikvision to its blacklist.

The White House is considering a ban on exports of US components to Hikvision to cut off the flow of American technology to the Chinese video-surveillance giant,. Similar to its recent restrictions on Chinese telecoms titan Huawei, American companies would require a license from the Commerce Department to trade with Hikvision.

The Trump administration has targeted Chinese technology companies as it considers them to be potential threats to natural security, given their close relationship with the Chinese government and laws requiring them to share information if requested.

 

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China is no friend of USA. Wonder if white house computers made in china We made china great again.

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Stocks close higher for third time in four sessions on growing trade optimismU.S. stocks recovered from early morning losses Wednesday after reports that the Trump administration was taking steps to ratchet down trade tensions with... OH YEAH Trump tweets is the market now The Trump Put This is ridiculous. The one time in the last four sessions that stocks closed DOWN was a complete disaster and the 3 up days do not compensate for that. Get your act together.
Fuente: MarketWatch - 🏆 3. / 97 Leer más »