Huawei is likely to fall back to its old strategy of selling its smartphones in the U.S. only through open channels. As per a source familiar with the matter at hand, Best Buy Co Inc, the largest U.S. consumer electronics… Read More ›
Geopolitics
EU firms scaling back their presence in UK
Lack of clarity on the UK’s long term relationship with EU is clouding supply chain decision-making beyond March 2019, the date the UK will formally break relationships with the EU. As per a survey, 1 in 7 business from EU… Read More ›
U.S. government drops demand for U.S. auto content in NAFTA negotiations
With this bone of contention being amicably resolved, NAFTA negotiations can continue. Two leading newspapers, The Mail and The Globe, have reported citing sources, that the U.S. government has dropped its demand all vehicles manufactured in Canada and Mexico for… Read More ›
Australia and ASEAN to establish regional infrastructure pipeline
The development is aimed at boosting high quality infrastructure projects in the region. In a strategic development aimed at countering China’s growing influence in the region, Julie Bishop, Australia’s Foreign Minister stated the Association of Southeast Asian Nations (ASEAN) and… Read More ›
U.S. Chamber of Commerce warns against imposition of unilateral tariffs
The President of the U.S. Chamber of Commerce has warned that while the Trump Administration was right on it’s focus on China’s industrial policies and unfair trade practices which unfairly impacts the U.S. economy, the current tariffs approach will do… Read More ›
U.S. Administration aiming to slash China trade surplus by $100 billion
It is to be seen how the Trump Administration will go about achieving its goal of balancing trade between the two economies. Although a spokeswoman clarified on Trump’s tweet to even out this trade surplus, a lot more clarity will… Read More ›
Here’s Why Broadcom’s Hostile Takeover Of Qualcomm Was Stopped By U.S.
China and 5G are the reasons, according to analysts, that U.S. President Donald Trump scuttled the largest ever tech deal of $117 billion. The White House cited “credible evidence” that the deal would potentially “impair the national security of the… Read More ›
23 Russian Diplomats To Be Expelled From U.K. For Alleged Nerve Gas Attack On Former Russian Agent
British Prime minister Theresa May announced on Wednesday that as a fall out of the nerve toxin attack on a Russian former double agent in southern England, 23 Russian diplomats would be expelled from the U.K. Britain would reduce its… Read More ›
Donald Trump aims to target Chinese IT, consumer electronics and telecom goods in latest push to balance bilateral trade
While the U.S. Administration’s effort to reign in China’s aggressive trade policy which aims to subplant foreign technologies with domestic ones, it will have to streamline its apprach since its imposition of metal tariffs have largely undermined support from Europe…. Read More ›
U.S. President Donald Trump blocks Broadcom Ltd’s acquisition of Qualcomm Inc
The strategic move by U.S. President Donald Trump, on national security concerns, effectively blocks China’s Huawei from being a dominant player in the emerging 5G mobile cell phone technology and allows other major players level-playing grounds in the setting up… Read More ›