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.
2019-05-07 09:30:00 Tuesday ET
The Trump team receives a 3.2% first-quarter GDP boost as Fed Chair Jay Powell halts the next interest rate hike in early-May 2019. This smooth upward econo
2019-04-26 09:33:00 Friday ET
JPMorgan Chase CEO Jamie Dimon defends capitalism in his recent annual letter to shareholders. As Dimon explains here, socialism inevitably produces stagnat
2020-08-05 08:33:00 Wednesday ET
Business leaders often think from a systemic perspective, share bold visions, build great teams, and learn new business models. Peter Senge (2006) &nb
2023-09-14 09:28:00 Thursday ET
Colin Camerer, George Loewenstein, and Matthew Rabin assess the recent advances in the behavioral economic science. Colin Camerer, George Loewenstei
2018-10-13 10:44:00 Saturday ET
Dow Jones tumbles 3% or 831 points while NASDAQ tanks 4%, and this negative investor sentiment rips through most European and Asian stock markets in early-O
2019-11-13 11:34:00 Wednesday ET
The new Brexit deal can boost British pound appreciation and economic optimism. British prime minister Boris Johnson wins the parliamentary vote on his new