The White House is expected to start implementing provisions of a law that bans the U.S. government from doing business with Huawei Technologies Co., moving ahead with the restrictions despite efforts by the Chinese telecommunications giant to block the rule in court.
The Office of Management and Budget is set to issue an interim rule this week that will lay out steps to ensure U.S government agencies aren’t doing business with Huawei and several other Chinese companies, a senior administration official said Wednesday.
US will allow Huawei when China allow Facebook.
davidfolkenflik is Trump daytrading on his economic & security policy? He's in the ultimate position to create market volatility; never divested from his business holdings; tweets before markets open. Is he trading after hours? waltshaub tribelaw PreetBharara andrewrsorkin
Right now China is watching the US move closer to the bait....SNAP!
It is time clean the courts out of all Obama appointed judges. They are all communists.
Then Foxconn factories get shut down because they are Huwaie Technology’s factory. Foxconn’s major shareholders are Xi’s state owned enterprises & 3 big tech giants Alibaba, Tencent, Baidu. If they shut down Xi can’t enforce his moral law system globally:
the US should not extend any legal protection to the agent company of an enemy nation
I said many times what Huawei has close relationship with Chinese government that no doubt，So I think The White House is doing the right thing
cold war
The one thing the Constitution is clear on is the power to regulate trade.
China is not facing a re-election. MAGA 😂
It’s funny to see this common thinking in the US that Huawei stole the technology they now have. How does one steal from someone who doesn’t have the thing in the first place? If the US can’t get rid of this chip on their shoulders mentality, it’s not going to keep America Great.
There’s your sign that the Chinese economy is feeling the trade war! The have also lowered their currency in retaliation.
China steals everything. Nothing is original in China. They play with the currency and sell fake products to every country. Now they are rich they try to buy Aleutian Islands, Crimea, and they control the Panama Canal via Balboa and Cristobal ports. They want to control The 5G?
Each Government uses the weapons they have while the USA increases tariffs for products imported from China, the other side responds by devaluing the currency and leaving its export trade more attractive.
Talpiot
Huawei is literally built on stolen US technology. The Chinese steal all IP we have an make it cheaper
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Source: MarketWatch - 🏆 3. / 97 Read more »