If Trump acted on his threat to impose 25% tariffs on global automobiles exported to the United States, subject to a quota regime, auto exports from Canada and Mexico would be largely exempted from this potential threat. According to a… Read More ›
national security
Broadcom’s proposes $19 billion acquisition of U.S. software firm CA
Earlier the Trump Administration had blocked Broadcom’s $117 billion hostile bid to acquire Qualcomm Inc citing national security concerns. But since then in a cunning move, Broadcom has re-domiciled from Singapore to the U.S, which places it outside of CFIUS’… Read More ›
China’s Tencents Holdings to spin-off online music streaming business
Tencent Music aims to raise $4 billion in its U.S initial public offering (IPO), thus valuing the company at $25 billion. On Monday, China’s Tencent Holdings Ltd, stated it intends to spin off and list its online music business in… Read More ›
NTIA recommends blocking China Mobile from accessing U.S. market citing threats to national security
From a purely commercial perspective, blocking China Mobile from accessing the U.S. market is unlikely to make any material impact since the bulk of its income is derived from the domestic market. A post by the U.S. National Telecommunications and… Read More ›
Slapping tariffs on car & car parts exports will only harm U.S. auto industry by $294 billion: EU
A hike in tariffs on EU’s automotive exports to the U.S. will not only impact the U.S. GDP by $13-$14 billion and bring no improvements to its current account balance it will also cost the United States 120,000 jobs. Slapping… Read More ›
Australian Strategic Policy Institute finds Huawei Technologies sponsoring overseas trips of Australian politicians
China’s Huawei Technologies Co Ltd, the world’s biggest maker of telecommunications network equipment, is increasingly finding it difficult to break into the U.S. and Australia telecommunication market on security concerns. A report by Australian think-tank Australian Strategic Policy Institute (ASPI)… Read More ›
U.S. Senate passes amended defense bill, Trump Administration’s ZTE agreement catches fire
With the U.S. Senate’s passing the amended annual National Defense Authorization Act, ZTE Corp has once again been drawn into the center of a trade skirmish that is gradually snowballing into a trade war. For ZTE, this is a time… Read More ›
New tariffs on cars and trucks will negatively impact U.S. consumers: Japan’s automakers association
In a cautionary move, Japan has warned the U.S. that any imposition of new tariffs will negatively impact U.S. consumers and its auto industry. On Friday, Japan’s automakers association (JAMA) came down heavily on U.S. overtures to explore the possibility… Read More ›
Facebook admits to sharing users data with its Chinese partners
Weeks after the Cambridge Analytica fiasco, Facebook has admitted to sharing users’s data, with its Chinese partners. Following Facebook Inc’s disclosure that it had shared data with its Chinese partners, which includes Huawei, the social media giant has come under… Read More ›
Trump proposes heavy fine and management change at ZTE rather than impose sanctions on it
With U.S. lawmakers crystallizing their stance on ZTE, which they describe as a “serial and pre-meditated violators” of U.S. law, and given the national security implications surrounding the case, it would be interesting to see the results of the U.S…. Read More ›