Chinese Technology and Trade

President Trump has declared a national emergency in the first step towards making it more difficult for US firms to do business with Chinese telecom giant Huawei. Trump hopes to prevent US companies from selling or transferring technology to Huawei without a license issued by the Bureau of Industry and Security (BIS). Some say Trump’s escalation of trade tensions with China is a savvy political move, designed to deflect attention away from the real threat to American jobs: Automation.

Read More:

https://www.cnbc.com/2019/05/15/trump-signs-executive-order-declaring-national-emergency-over-threats-against-us-technology.html

https://www.bbc.com/news/world-us-canada-48299522

https://www.businessinsider.com/why-trump-trade-war-against-china-smart-political-move-2019-5

 

ExportUSA