Category

Trade War

China pushed back on the United States to stop ‘unreasonable suppression’ of Huawei and other Chinese businesses Trade War

China pushed back on the United States to stop ‘unreasonable suppression’ of Huawei and other Chinese businesses

China's foreign ministry said on Saturday it would defend companies like Huawei against "unreasonable suppression" from the US.A Chinese newspaper said the government was ready to retaliate against Washington after President Donald Trump's administration moved to block global chip supplies to the blacklisted telecoms company.Tensions between the world's two largest…
bubmag
May 17, 2020
China asks U.S. to stop ‘unreasonable suppression’ of Huawei Trade War

China asks U.S. to stop ‘unreasonable suppression’ of Huawei

(Reuters) — China’s foreign ministry said on Saturday the United States needed to stop the “unreasonable suppression” of Chinese companies like Huawei, and a Chinese newspaper said the government was ready to retaliate against Washington. The Trump administration on Friday moved to block global chip supplies to blacklisted telecoms equipment…
bubmag
May 17, 2020
China asks US to stop ‘unreasonable suppression’ of Huawei Trade War

China asks US to stop ‘unreasonable suppression’ of Huawei

The Trump administration has moved to block global chip supplies to Huawei Technologies China's foreign ministry said on Saturday the United States needed to stop the "unreasonable suppression" of Chinese companies like Huawei, and a Chinese newspaper said the government was ready to retaliate against Washington. The Trump administration on…
bubmag
May 16, 2020
TSMC to build a $12 billion advanced semiconductor plant in Arizona with U.S. government support Trade War

TSMC to build a $12 billion advanced semiconductor plant in Arizona with U.S. government support

Taiwan Semiconductor Manufacturing Co., the world’s largest contract semiconductor foundry, said today that it plans to build an advanced chip foundry in Arizona with support from the state and the United States federal government. The announcement follows a Wall Street Journal report earlier this week that White House officials were…
bubmag
May 15, 2020
Trump threatens new taxes on companies that make goods outside United States Trade War

Trump threatens new taxes on companies that make goods outside United States

WASHINGTON (Reuters) - President Donald Trump threatened on Thursday to impose new taxes on American companies that produce goods outside the United States, another move his administration could make to push supply chains away from China and raise new trade barriers. FILE PHOTO: U.S. President Donald Trump and China's President…
bubmag
May 14, 2020