US President Donald Trump has abruptly escalated his trade war with China, announcing that he would impose a 10% tariff on a further $300-billion in Chinese imports.
Browsing: Xi Jinping
The US said it would grant licences allowing companies to export goods to Huawei but won’t remove the Chinese firm an export blacklist, as talks between the world’s two biggest economies resumed.
US President Donald Trump said he eased restrictions on China’s most prominent technology company as part of a trade truce with Beijing.
The US is blacklisting five Chinese organisations involved in supercomputing, calling them national security threats and cutting them off from critical US technology.
The US’s fight against Huawei justifies Russia’s decision to build a “sovereign Internet” to protect its domestic network from external threats, according to Russian deputy Prime Minister Maxim Akimov.
Spare a thought for Chinese officials trying to read Donald Trump as the showdown intensifies between the world’s two largest economies.
Beijing is gearing up to use its dominance of rare earths to hit back in its deepening trade war with Washington.
Telkom CEO Sipho Maseko hopes to work with other industry players to present a plan to President Cyril Ramaphosa about how to deal with the challenge presented by the US’s blacklisting of China’s Huawei.
Countries should co-operate in developing the Internet, big data and artificial intelligence, China President Xi Jinping said in a letter to the China International Big Data Industry Expo.
US President Donald Trump said on Thursday that China’s Huawei, which was put on a US blacklist earlier this month, could be part of a trade pact with the country.