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Target Huawei; No new trade talks scheduled?; Canadian hostages formally arrested

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Target Huawei; No new trade talks scheduled?; Canadian hostages formally arrested

Bill Bishop
May 16, 2019
21
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Target Huawei; No new trade talks scheduled?; Canadian hostages formally arrested

www.sinocism.com

Hi everyone, I decided to make today’s issue of the newsletter free. If you like what you see please sign up for the Sinocism China Newsletter here. Group and education discounts are available. —Bill

The US has significantly intensified its efforts to thwart China and Huawei’s 5G dream while dramatically raising the heat in the trade war.

President Trump finally signed the long-rumored executive order that will block purchases of Huawei equipment in the US but the move with far more serious implications for Huawei is the addition of Huawei to the Department of Commerce’s “Entity List”. The US government will soon require any American firms selling to Huawei to get a license, and if the US decides not to grant licenses for key technology components Huawei’s business globally could be severely damaged. It may not be quite as bad as the ZTE death sentence last year but it looks close.

Perhaps Trump has no intention of implementing these new controls any time soon and instead is using the…

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