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.
2017-03-21 09:37:00 Tuesday ET
Trump and Xi meet in the most important summit on earth this year. Trump has promised to retaliate against China's currency misalignment, steel trade
2017-02-01 14:41:00 Wednesday ET
President Trump refreshes his public image through his presidential address to Congress with numerous ambitious economic policies in order to make America g
2019-05-15 12:32:00 Wednesday ET
The May administration needs to seek a fresh fallback option for Halloween Brexit. After the House of Commons rejects Brexit proposals from the May administ
2018-06-08 13:35:00 Friday ET
The Federal Reserve delivers a second interest rate hike to 1.75%-2% and then expects subsequent rate increases in September and December 2018 to dampen inf
2018-01-19 11:32:00 Friday ET
Most major economies grow with great synchronicity several years after the global financial crisis. These economies experience high stock market valuation,
2026-02-14 11:26:00 Saturday ET
Our AYA fun podcasts deep-dive into the current global trends, topics, and issues in macro finance, political economy, public policy, strategic management,