2019-01-01 03:34:48 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
American allies assist AT&T and Verizon in implementing 5G telecommunication technology in the U.S. as such allies ban the use of HuaWei 5G telecom equipment. This assistance arises as an equilibrium outcome several weeks after the arrest of HuaWei CFO in Canada amid a key U.S. probe into whether the Chinese tech titan violates U.S. economic sanctions on Iran. The U.S. federal government undertakes multiple measures to curb the influence of HuaWei and its fellow Chinese telecom firm ZTE. These measures ban the HuaWei and ZTE sales of 5G mobile devices on U.S. military bases. During the current 90-day trade truce with China, the Trump administration remains adamant about maintaining key American dominance in 5G telecommunication (which is at least 10 times faster than the 4G telecom standard).
National Economic Council chief economic advisor Larry Kudlow emphasizes the fact that 5G telecommunication technology is the top priority for national economic security. These landmark events echo the recent Trump bans on the cross-border merger between Qualcomm and Broadcom as well as Chinese HuaWei and ZTE acquisitions of critical technologies in Silicon Valley. Apple and Samsung may or may not introduce their 5G smartphones and tablets until 5G telecom proliferation reaches a critical mass before mid-2020.
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.
2018-02-01 07:38:00 Thursday ET
U.S. senators urge the Trump administration with a bipartisan proposal to prevent the International Monetary Fund (IMF) from bailing out several countries t
2019-07-23 09:22:00 Tuesday ET
Harvard economic platform researcher Dipayan Ghosh proposes some alternative solutions to breaking up tech titans such as Facebook, Google, Apple, and Amazo
2018-01-07 09:33:00 Sunday ET
Zuckerberg announces his major changes in Facebook's newsfeed algorithm and user authentication. Facebook now has to change the newsfeed filter to prior
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
2018-11-05 10:40:00 Monday ET
Former Fed Chair Janet Yellen worries about U.S. government debt accumulation, expects new interest rate increases, and warns of the next economic recession
2019-10-29 13:36:00 Tuesday ET
The OECD projects global growth to decline from 3.2% to 2.9% in the current fiscal year 2019-2020. This global economic growth projection represents the slo