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U.S. blacklists China's Huawei as trade dispute clouds global outlook

Video Credit: Wochit - Duration: 00:31s - Published < > Embed
U.S. blacklists China's Huawei as trade dispute clouds global outlook

U.S. blacklists China's Huawei as trade dispute clouds global outlook

On Wednesday the Trump administration hit Chinese telecoms giant Huawei with severe sanctions, adding a new incendiary element to the U.S.-China trade dispute just as Treasury Secretary Steven Mnuchin said he would visit China soon for more talks.

Reuter reports that Secretary Wilbur Ross said in a statement President Donald Trump backed the decision to “prevent American technology from being used by foreign owned entities in ways that potentially undermine U.S.

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