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.
2019-02-04 07:42:00 Monday ET
Federal Reserve remains patient on future interest rate adjustments due to global headwinds and impasses over American trade and fiscal budget negotiations.
2017-06-21 05:36:00 Wednesday ET
In his latest Berkshire Hathaway annual letter to shareholders, Warren Buffett points out that many people misunderstand his stock investment method in seve
2018-04-23 07:43:00 Monday ET
Harvard professor and former IMF chief economist Kenneth Rogoff advocates that artificial intelligence helps augment human productivity growth in the next d
2022-02-25 00:00:00 Friday ET
Empirical tests of multi-factor models for asset return prediction The capital asset pricing model (CAPM) of Sharpe (1964), Lintner (1965), and Bla
2019-10-01 11:33:00 Tuesday ET
The Trump administration postpones increasing 25% to 30% tariffs on $250 billion Chinese imports after China extends an olive branch to de-escalate Sino-Ame
2017-04-01 06:40:00 Saturday ET
With the current interest rate hike, large banks and insurance companies are likely to benefit from higher equity risk premiums and interest rate spreads.