the other mike
Diamond Member
The president, not mincing words as usual;
"We are not going to do business with Huawei," president Donald Trump told reporters on Friday when asked about the ongoing situation. "It is much simpler not to do any business with Huawei… that doesn't mean we won't agree to something if and when we make a trade deal."
Rick Sanchez breaks it down;
Here's a Newsweek article from last week.
HUAWEI CEO SAYS 'BULLETS FIRED' AT SMARTPHONE BUSINESS BY U.S. SANCTIONS, CALLS FOR DRAMATIC OVERHAUL TO SURVIVE
The founder of besieged Chinese tech giant Huawei has reportedly told employees to expect "major structural shifts" within five years as a U.S. trade blacklist bites.
An internal letter sent by billionaire CEO Ren Zhengfei, first reported by Bloomberg, references the ongoing troubles caused by his firm's inclusion on the so-called "Entity List," which stops tech companies from trading with Huawei without the U.S. government's permission.
"Two bullets fired at our consumer business group unfortunately hit the oil tanks," Ren said in a letter dated August 2, Bloomberg reported. Since being added to the blacklist in May, links with key business partners—including Google, Qualcomm and Facebook—have crumbled.
Huawei CEO says "bullets fired" at smartphone business by U.S. sanctions, calls for dramatic overhaul to survive
"We are not going to do business with Huawei," president Donald Trump told reporters on Friday when asked about the ongoing situation. "It is much simpler not to do any business with Huawei… that doesn't mean we won't agree to something if and when we make a trade deal."
Rick Sanchez breaks it down;
Here's a Newsweek article from last week.
HUAWEI CEO SAYS 'BULLETS FIRED' AT SMARTPHONE BUSINESS BY U.S. SANCTIONS, CALLS FOR DRAMATIC OVERHAUL TO SURVIVE
The founder of besieged Chinese tech giant Huawei has reportedly told employees to expect "major structural shifts" within five years as a U.S. trade blacklist bites.
An internal letter sent by billionaire CEO Ren Zhengfei, first reported by Bloomberg, references the ongoing troubles caused by his firm's inclusion on the so-called "Entity List," which stops tech companies from trading with Huawei without the U.S. government's permission.
"Two bullets fired at our consumer business group unfortunately hit the oil tanks," Ren said in a letter dated August 2, Bloomberg reported. Since being added to the blacklist in May, links with key business partners—including Google, Qualcomm and Facebook—have crumbled.
Huawei CEO says "bullets fired" at smartphone business by U.S. sanctions, calls for dramatic overhaul to survive
