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.
2022-08-30 10:32:00 Tuesday ET
The financial services industry needs fewer banks worldwide. As long as banks have existed in human history, their managers have realized how not all dep
2019-03-09 12:43:00 Saturday ET
Pinterest files a $12 billion IPO due in mid-2019. This tech unicorn allows users to pin-and-browse images through its social media app and website. Pintere
2019-12-25 19:46:00 Wednesday ET
Former White House chief economic advisor Nouriel Roubini discusses the major limits of central-bank-driven fiscal deficits. The International Monetary Fund
2023-07-07 10:29:00 Friday ET
Louis Kaplow strives to find a delicate balance between efficiency gains and redistributive taxes in the social welfare function. Louis Kaplow (2010)
2018-08-13 12:39:00 Monday ET
White House chief economic adviser Larry Kudlow points out that the recent U.S. dollar strength shows a clear sign of investor confidence and optimism. Gree
2019-04-01 08:28:00 Monday ET
OraSure and its subsidiary DNA Genotek specialize in the lean production of home DNA spit tubes. OraSure extracts core genetic information from microbiome s