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

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.

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

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Source: MarketWatch - 🏆 3. / 97 Read more »