Global markets are rallying after Trump tempers his Huawei ban after 'big reality check'
Tuesday, 21 May 2019 **
· *Asian and European stocks and US futures rose on Tuesday after Trump tempered his Huawei ban.*
· *The Chinese telecoms giant can buy US products to maintain its networks and release software updates, but it can't buy American components for new devices.*
· **"This latest move by Trump shows just how haphazard his...
According to Business Insider, Global markets are rallying after Trump tempers his Huawei ban after getting a 'big reality check’. Huawei's blacklisting hammered US companies that trade with it or rely on its services or equipment. Shares in chipmakers Qualcomm, Broadcom, Micron Technology, and...
Broadcom sent a shockwave to global chip stocks Friday after warning the U.S.-China trade war and ban on doing business with Huawei would rob it of $2 billion in sales this year. Fred Katayama reports.
On day two of a state visit to the UK, Donald Trump looks set to plunge into Britain's Brexit crisis, and is also likely to demand that Prime Minister Theresa May's successor ban China's Huawei from 5G..
Credit: Reuters - Business (Amazon FireT Duration: 01:38Published
WASHINGTON - The acting director of the White House Office of Management and Budget is seeking a two-year delay of a ban prohibiting companies that do business... New Zealand Herald Also reported by •RTTNews