WILL TRUMP BOW TO CHINA TO SAVE APPLE, QUALCOMM, CISCO AND BOEING? $AAPL $AMZN $BA $CSCO $DIA $DJIA $FB $GOOG $MSFT $QCOM $SPX
Amid a debate about stock market investors underestimating the risks from the coronavirus-led shutdown of the global economy, China risk is reemerging. How the U.S. responds may determine the direction of the stock market.
The U.S. has long contended that Chinese telecommunications-equipment maker Huawei Technologies is a risk to national security. It has been contended that the Chinese can spy on the U.S. and other countries through back doors built into Huawei technology.
There is a report that the U.S. is amending an export rule to block the sale of certain semiconductors to Huawei. This is in addition to prior restrictions on exports of U.S.
May 15, 2020