2018-03-06 11:35:00 Tue ET
technology antitrust competition bilateral trade free trade fair trade trade agreement trade surplus trade deficit multilateralism neoliberalism world trade organization regulation public utility current account compliance
The Trump team blocks Broadcom's bid for Qualcomm due to national economic security concerns and 5G telecom network issues. Broadcom makes microchips for broadband communication networks such as key wireless broadband telecoms, modems, routers, and switches. The White House takes an extraordinary action to block this major corporate deal that might inadvertently give China more influence in global technology. In an executive order, President Trump blocks Broadcom's $117 billion bid for Qualcomm due to national security concerns.
There is credible and substantive evidence that both Broadcom and its affiliates (such as China's HuaWei and ZTE) might threaten American 5G telecom network dominance and digital supremacy. For this reason, both Broadcom and Qualcomm must immediately and permanently abandon the takeover proposal.
In response, the Trump administration may introduce punitive tariffs on Chinese imports to dramatically reduce Sino-U.S. bilateral trade deficits. This reduction can contribute to a better balance in the U.S. congressional budget for better mid-term election results that favor the Trump administration.
If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.
2019-05-09 10:28:00 Thursday ET
President Trump ramps up 25% tariffs on $200 billion Chinese imports soon after China backtracks on the Sino-American trade agreement. U.S. trade envoy Robe
2020-09-10 08:31:00 Thursday ET
Most business organizations should continue to create new value in order to achieve long-run success and sustainable profitability. Todd Zenger (2016)
2017-10-27 06:35:00 Friday ET
Leon Cooperman, Chairman and CEO of Omega Advisors, points out that the current Trump stock market rally now approaches normalization. The U.S. stock market
2019-10-23 15:39:00 Wednesday ET
American CEOs of about 200 corporations issue a joint statement in support of stakeholder value maximization. The Business Roundtable offers this statement
2027-04-30 12:31:00 Friday ET
In recent years, the current AI-driven stock market rally may or may not turn out to be another major asset bubble in global human history. For the pract
2019-02-04 07:42:00 Monday ET
Federal Reserve remains patient on future interest rate adjustments due to global headwinds and impasses over American trade and fiscal budget negotiations.