Huawei To Back Off US Market Amid Rising Tensions (nytimes.com)
Huawei is reportedly going to give up on selling its products and services in the United States (Warning: source may be paywalled; alternative source) due to Washington's accusations that the company has ties to the Chinese government. The change in tactics comes a week after the company laid off five American employees, including its biggest American lobbyist. The New York Times reports: Huawei's tactics are changing as its business prospects in the United States have darkened considerably. On Tuesday, the Federal Communications Commission voted to proceed with a new rule that could effectively kill off what little business the company has in the United States. Although the proposed rule does not mention Huawei by name, it would block federally subsidized telecommunications carriers from using suppliers deemed to pose a risk to American national security. Huawei's latest moves suggest that it has accepted that its political battles in the United States are not ones it is likely to win. "Some things cannot change their course according to our wishes," Eric Xu, Huawei's deputy chairman, said at the company's annual meeting with analysts on Tuesday. "With some things, when you let them go, you actually feel more at ease."
"suppliers deemed to pose a risk to American national security" == "suppliers do not accept to sell products with NSA backdoors"
Please stop posting paywalled links. No one here wants to read them. No one here wants paywalled sites to get any traffic.
Just like those steel tariffs the White House justified by citing Chinese steel dumping, China accounts for 2.9 percent of US steel imports, ... but who cares about 'facts', tariffs on China play well with the base
Then why would this result in a trade war if it doesn't actually effect anything?