President Donald Trump has done the entire world a service by going after China-backed Huawei. The trade war has just begun.
The United Kingdom has banned Huawei technology from the country’s telecom networks. One Dow 30 stock could grab market share instead.
The Dow’s dicey rally collapsed on Friday after the Trump administration took aggressive actions that could reignite tensions with China.
Huawei’s war with Trump threatens to open a dangerous door for Vladimir Putin. And once that door is open, there is no turning back.
Huawei’s CFO, Meng Wanzhau, faces extradition to the United States. This comes as the U.S and China battle over 5G.
A new study has uncovered information showing that U.S. President Donald Trump may have made the right decision in imposing a ban on Chinese telecoms giant Huawei for reasons of national security. The study, carried out by Professor Christian Balding of Fulbright University Vietnam and the Henry Jackson Society, a London-based think tank, revealed deep … Read more
As the U.S. and China resume trade talks following the highly anticipated G20 summit, the Dow Jones and the rest of the U.S. equities market have shown strong recovery. In the past 30 days, the Dow Jones has rebounded from 24,819 points to 26,599 points, recording its best June in 81 years. The U.S. has … Read more
By CCN.com: Google was only the beginning of Chinese multinational tech giant Huawei’s woes. The odds are increasingly stacked against the popular smartphone maker now that it is losing business with one of its biggest partners: British chip designer Arm Holdings. According to a BBC report, the chip company distributed an internal memo saying that … Read more
By CCN.com: The Dow raced toward recovery on Tuesday after the Trump administration caved to pressure to moderate its hardline stance on Chinese tech giant Huawei. However, as trade tensions grow increasingly fraught, investors should question the long-term health of the stock market. Dow Soars to 185 Point Rebound All of Wall Street’s major indices … Read more
By CCN.com: Huawei has been unceremoniously axed by Google after the U.S government blacklisted the Chinese tech giant earlier this week. Now, Huawei mobile phones are no longer allowed to integrate official Android updates, and will be barred from hosting Google Play mobile apps, such as YouTube and Gmail. Google Drops Huawei: No More Android … Read more