Tag Archives: technology independence

USA: Why Trump Caved to China and Huawei – By Vijay Prashad | Globetrotter

– By Vijay Prashad | Globetrotter

Everything about the trade war between the United States and China is bewildering. The world’s two largest economies entered a titanic struggle with harsh words and high tariffs, sending shudders through the global economy. Hundreds of billions of dollars worth of goods on either side stood before tariff walls that seemed unbreachable. Truces would come out of nowhere – as at the 2018 Group of Twenty summit in Buenos Aires – but then they would be set aside by US President Donald Trump in a stream of tweets at odd hours.

In May, Trump went after Huawei, one of the world’s largest technology firms. The attack this time was not on economic grounds. Trump accused Huawei of being an espionage arm of the Chinese government. Companies in the United States that supplied Huawei with software and chips would no longer be permitted to do so.            Continue reading

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