Donald Trump’s Huawei ban is a more severe threat to global economy than trade war tariffs, economists say Blacklisting of technology firms is being viewed as a broad stroke by Washington to contain Beijing in its bid to lead the global tech race......... US President Donald Trump’s ban on Chinese telecoms giant Huawei Technologies, and its implications for 5G development, poses a more serious threat to the global economy than higher tariffs, according to economists........ This week, the US was reported to be considering a similar ban against China’s Hikvision, one of the world’s biggest CCTV companies. ......
“The US-China tech competition will be more intense and drawn out, significantly outlasting the trade tensions.”
........ ......Blacklisting of tech companies is being viewed as a broad stroke by Washington to contain China in its move away from a large-scale manufacturing-led economy to a leader in the global tech race...... “5G is a really exciting technology. Having an edge in that space is an economic differentiation, so there is a race to be first.” ..... 5G, said Tannenbaum, is the secret for China to “continue its transition away from large-scale, heavy manufacturing” economy. Washington’s ban on Huawei, therefore, “strikes China right at the heart of their vision” ....... Huawei sources components from 22 suppliers listed in the US...... As a leader in cost, technology and innovative areas like 5G, it would be “very difficult for Huawei’s competitors to totally regain market share in this segment” ...... “Given the company’s broader contribution to industry innovation, the restrictions would likely slow down overall progress of such technologies.” ....... “At the same time, the US, and the world at large, will also suffer from their inability to use the best technology.”Trump adviser asked Microsoft why it wouldn’t spy for the US, company president reveals in new book “As an American company, why won’t you agree to help the US government spy on people in other countries?” Brad Smith, Microsoft’s president and chief legal officer, recounted how he was asked by the adviser on a trip to Washington. That inquiry is highlighted in Smith’s new book, Tools and Weapons: The Promise and the Peril of the Digital Age ......... Smith wrote that he responded by shifting the question to Trump Hotels, which had opened new properties at the time of the meeting in the Middle East and in Pennsylvania Avenue, near the White House. “Are these hotels going to spy on people from other countries who stay there?” Smith said. “It doesn’t seem like it would be good for the family business.” .......
Huawei’s blacklisting should not have been made “without a sound basis in fact, logic and the rule of law”.
....... There is an “increasing possibility that American officials will seek to block the export of a growing number of vital technology products, not just to China but to a growing set of other countries”, wrote Smith, adding that such a move would jeopardise US competitiveness in the global market. “It’s impossible to pursue global leadership if products can’t leave the United States.”Trump’s blacklisting of Huawei is unfair and un-American, Microsoft president says Software giant Microsoft has kept asking US authorities to clarify the basis of that trade ban, but Smith said: “Oftentimes, what we get in response is, ‘Well, if you knew what we knew, you would agree with us’.” ...... “Great, show us what you know so we can decide for ourselves. That’s the way this country works,” he said. ...... “Brad was talking about the need for countries to use consistent principles before imposing significant sanctions on any company, and that those principles should be grounded in due process, the rule of law and transparency of approach,” a Microsoft spokeswoman told the Post in response to the Bloomberg article. ....... “You can’t be a global technology leader if you can’t bring your technology to the globe” ...... Huawei also remains ahead in the 5G gear market with 50 announced commercial 5G mobile network deals. ........ The US blacklisting has also prompted Huawei to accelerate the roll-out of its self-developed mobile operating system called Harmony, which can support a range of devices as well as being compatible with all Android applications.
Donald Trump says the US does not want to discuss Huawei ‘national security concern’ with China
Microsoft's top lawyer: Trump's Huawei ban makes no sense Huawei ban is like preventing a hotel chain from buying beds, says Microsoft president Brad Smith........ Smith said the current restrictions on Huawei, the world's second-largest smartphone maker, are wrong. ....... Trump has said Huawei's situation could be resolved if China agreed to an acceptable trade deal with the US. ...... Microsoft could also be harmed by potential Commerce Department export restrictions on artificial intelligence and quantum computing. Smith told Bloomberg that "you can't be a global technology leader if you can't bring your technology to the globe". .......
Smith also posed an analogy for the situation Google, Microsoft, Apple, Arm, and Qualcomm face in terms that Trump might understand: hotels and beds.
Microsoft says Huawei ban is 'un-American'
#Microsft, #Huawei, #Trump, #5G https://t.co/0mLgixjzts
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Someone is hearing footsteps. ๐ #TrumpFearsYang https://t.co/8ks55mYGuG
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