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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 414.48+0.7%Jan 9 4:00 PM EST
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To: TobagoJack who wrote (140998)4/26/2018 6:58:24 AM
From: elmatador  Read Replies (1) of 219234
 
Another delusion
Huawei Is Under U.S. Criminal Investigation For Illegal Iran Sales: Here's What's Next

If Huawei is found guilty of violating American export rules, the U.S. could follow the same playbook it used against ZTE: A large fine ($1.19 billion), active audits, compliance requirements and, in case of non-compliance, a multi-year ban on the purchase of American technology.
Following the U.S. technology ban on ZTE last week, China's second-largest telecommunications infrastructure supplier quickly acknowledged that its survival has become uncertain.

Similarly, since nearly all of Huawei's telecommunication products (from smartphones to storage, servers, and network equipment) rely, in some shape or another, on American technologies, a ban on such components would be fatal for the world's largest telecom equipment maker.

The writing is on the wall.
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