America just struck and China is devastated. The Trump administration isn’t playing around, and this act could be what forces the Chinese Communist Party to finally come clean.
“New sanctions against Chinese telecom giant Huawei announced by the U.S. Commerce Department on Monday could strike a ‘lethal blow’ against the company,” reported Breitbart News this week.
Specifically, this would be “potentially most serious effort by the U.S. government to choke off the company’s ability to obtain advanced semiconductors for all of its business line,” said Paul Trilio.
Speaking to CNN, Trilio, geotechnology chief of the Eurasia Group — a consultancy firm with offices in Washington, DC, and other major cities around the world — painted a dire picture for Huawei.
This strategy by the Trump administration is part of its multi-pronged approach to make sure that the Chinese government isn’t working through Chinese companies to commit undermine the United States.
According to Commerce Secretary Wilbur Ross, “Huawei and its foreign affiliates have extended their efforts to obtain advanced semiconductors … in order to fulfill the policy objectives of the Chinese Communist Party.”
Read the full story here.