US Restarts Trade War With China, Locks Out Huawei; China Vows Retaliation

It was shaping up as a nice, quiet rampy end a tumultous week, when at 630am ET all hell broke loose after the Trump’s Commerce Department to block shipments of semiconductors to Huawei Technologies from global chipmakers, via amending foreign direct product rule to “strategically target Huawei’s acquisition of semiconductors that are the direct product of certain U.S. software and technology” in the process “cutting off Huawei’s efforts to undermine U.S. export controls.”

Source: Additional survival tricks

Taiwan Semiconductor Manufacturing Co. to Build Advanced Chip Factory in Arizona…

Chinese State Media Warn Country Will Interfere in U.S. Election

 

7 comments

  1. ᛋᛠᛉ · May 15, 2020

    How delightful.

    Because life wasn’t irritating enough.

    Remind us poor lemmings, o great and powerful Ozmandian fedrul Gubmint, how China boosts our economy and *why* it’s important to play this game?

    Liked by 1 person

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  3. muunyayo · May 16, 2020

    Reblogged this on Muunyayo.

    Like

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