2019-06-01 10:33:00 Sat 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
Top tech firms such as Google, Intel, and Qualcomm suspend Android services to HuaWei as the Trump administration blacklists the Chinese company. HuaWei can no longer license the complete Android operating system with tech services from Google, Intel, and Qualcomm. Stock market analysts suggest that this hurdle hits half of the HuaWei smartphone shipments worldwide. Soon after President Trump issues an executive order on blacklisting HuaWei in America, Google suspends Android updates for the second biggest handset manufacturer.
U.S. microchip makers Intel and Qualcomm also cut off HuaWei. These strategic moves can cause serious ramifications for the Chinese tech titan because the new ban blocks HuaWei from Android software updates and apps that normally preload on HuaWei mobile devices sold around the world.
As the Trump administration blacklists HuaWei, this ban speeds up digital isolation for China amid Sino-U.S. trade war and economic policy uncertainty. If China and the U.S. have begun a technological cold war in recent times, the HuaWei ban can best be viewed as the dawn of a digital iron curtain. The transitory 90-day reprieve may be a tactical solution for Trump to urge the Chinese Xi administration to affirm a fair trade agreement.
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.
2018-06-17 10:35:00 Sunday ET
In the past decades, capital market liberalization and globalization have combined to connect global financial markets to allow an ocean of money to flow th
2020-08-26 10:33:00 Wednesday ET
Through purposeful leadership, senior managers inspire teams to reach heights of both innovation and profitability with great brand identity and customer lo
2019-07-17 12:37:00 Wednesday ET
Gold prices surge above $1400 per ounce amid global trade tension and economic policy uncertainty. Both European Central Bank and Bank of Japan may consider
2025-01-31 09:26:00 Friday ET
The current homeland industrial policy stance worldwide seeks to embed the new notion of global resilience into economic statecraft. In the broader cont
2018-05-01 11:38:00 Tuesday ET
America and China play the game of chicken over trade and technology, whereas, most market observers and economic media commentators hope the Trump team to
2017-10-15 07:38:00 Sunday ET
Ivanka Trump and Treasury Secretary Steven Mnuchin both press the case for GOP tax legislation as economic relief for the middle-class without substantial t