President Trump has launched an attack against China’s flagship tech company, Huawei Technology. Trump’s move just cut off Huawei’s access to semiconductors from global chipmakers.
The Commerce Department made an announcement that they had taken actions that, “cuts off Huawei’s efforts to undermine U.S. export controls.”
The move the Trump Administration took could very well increase tensions between the U.S. and China. But it seems President Trump is willing to take the risk.
Huawei has been banned from possessing certain U.S. sourced technology and the new move aims to prevent Huawei from evading export controls.
There has already been some immediate backlash from China. They are threatening investigations and restrictions on companies like Apple and Qualcomm.
President Trump seems unfazed by such threats as ultimately Chinese retaliation may compel certain companies to return to the United States. There are a lot of unemployed Americans that could use a shift back to the states right now.
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