Looks like Trump is folding like a cheap lawn chair. First he pulls back on this tariff threat and now he pulls back on Huawei. It was never about security, it was all ineffective tough man tactics that only caused turmoil and chaos in the markets. Now Trump looks like a clown even more, which I didn't think possible. Americans should be mortified. Get Trump out of office now before he does so much harm that is irreversible.
CHINA SYNDROME:
Looks Like Huawei Might Be Screwed This Time.
The Department of Justice
announced on Thursday that it was unsealing a superseding indictment against Chinese tech giant Huawei, charging the company and several of its affiliates under a law traditionally used to take down sprawling criminal syndicates that operated under multiple layers of secrecy.
Huawei is the world’s largest telecommunications equipment provider and one of its largest cell phone manufacturers. The new charges add to the company’s legal woes, which already included
two separate indictments unsealed in January 2019: one in the
Western District of Washington alleging Huawei staff conspired to steal information about a T-Mobile cell phone-testing robot nicknamed “Tappy,” and another in the
Eastern District of New York charging Huawei, chief financial officer Meng Wanzhou, and subsidiaries with 13 charges relating to alleged banking and financial fraud as part of a Huawei scheme to evade U.S. sanctions on Iran.
The superseding indictment adds
three new charges in the Eastern District case, including conspiracy to steal trade secrets, conspiracy to commit wire fraud and racketeering conspiracy under the Racketeer Influenced and Corrupt Organizations Act (RICO). In addition to Huawei, it now includes four subsidiaries mentioned in the prior cases: Huawei Device, Huawei USA, Futurwei Technologies, and Skycom. U.S. prosecutors are essentially asserting that Huawei and those companies achieved their top-ranking status by working as a criminal enterprise akin to a corporate mafia.
Gee. It's like your entire post is wrong or somethin'