U.S. – China Trade Wars- The Biggest Trade War

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Life is apparently now a sci-fi action movie… at last, that’s what the U.S government believes.

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U.S. – China Trade Wars- The Biggest Trade War:

U.S. – China Trade Wars- The Biggest Trade War

Slide 2:

Life is apparently now a sci-fi action movie… at last, that’s what the U.S government believes.  It’s been a year since the U.S Government attempted by the means of a campaign to influence the European allies to ban the telecommunication service provided by China-based Huawei Technologies. They believe that Huawei might serve as a backdoor for Chinese spies, and have tried convincing the European Capital the same, which has responded in the negative, ignoring all the nudges despite U.S.’s threat to cut off intelligence sharing.

World’s Reaction:

World’s Reaction Pointing out the lack of considerable alternatives to refine the British telecom networks, the U.K. government has turned down the rumor of a possible ban of the Huawei networks. On the contrary Italy has instead decided to boost trade with China. 

How The World is Getting Ready:

How The World is Getting Ready An auction selling 5G airwaves in Germany is estimated to raise about $5.7 Billion. In a scenario like this, banning Huawei makes absolutely no sense, which led the authorities to propose improved security regulation. France followed in the footsteps, taking the same measures.

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