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Q: Did somebody turn on the turbo for decoupling?
https://www.youtube.com/watch?v=hOpaomZ50B0
Plants shutting down, no parts, everybody headed to India and Vietnam.
35 weeks 6 days ago in Business & Jobs - China
Yes, indeed ... It will continue after the election doesn't matter which party will take a helm ..
Bipartisan Beijing Bashing: College Dems & Reps Demand Closure Of All Chinese "Propaganda" Centers
"In the fight against authoritarianism, universities can continue to benefit from the largesse of an emboldened authoritarian state, or they can stand on the right side of history... They cannot do both..."
In a rare cross-party coalition, the National College Republicans and College Democrats came together Monday to demand that American universities take a stand against the Chinese Communist Party’s “long-term campaign” against academic freedom in the U.S. by closing all Confucius Institutes.
Booing ...
https://www.zerohedge.com/markets/worlds-largest-chipmaker-halts-deliver...
World's Largest Contract Chipmaker Halts Deliveries To Huawei As New US Sanctions Bite
The Commerce Department's decision to tighten restrictions on Huawei announced a few days ago are already throwing a wrench in Huawei's supply chain, a sign that the US is no longer playing around, and is going all-in on bringing the Chinese telecom giant with strong links to the PLA to its knees.
As we reported on Friday, the Trump Administration reportedly blocked a shipment of American-made semiconductors that was headed to Huawei, eliciting a flurry of retaliatory threats, as Beijing via the mainland press promised to target Boeing, Apple and Qualcomm. Despite the seeming escalation in the US trade and tech wars with China, White House economic advisor Kevin Hassett told CNBC Monday morning that the 'Phase 1' trade deal appears to still be intact.
Despite years of aggressive intellectual technology theft coordinated by the Chinese government, Huawei remains surprisingly dependent on products and technology produced by American companies.
However, the latest restrictions unveiled by the Commerce Department late last week and over the weekend will "narrowly and strategically” target a loophole that allows US companies to produce chips overseas with American technology to get around the restrictions. This will no longer be allowed, as even foreign companies that depend on US products will be forced to comply. In response, other global chipmakers are refusing to ship certain products to Huawei. This group includes the world's biggest contract chipmaker, Taiwan Semiconductor Manufacturing Co, a
According to Nikkei Asian Review reported published Monday morning, TSMC has halted new orders from Huawei in response to tighter US export controls. Prior to the new declaration, some companies evaded existing US sanctions by producing semiconductor chips overseas, using American technology, then selling them directly to Huawei.
From here on out, any company that continues this practice risks being sanctioned by the Treasury Department, sanctions that could restrict their access to the dollar-based financial system, or even ban them entirely, leaving them in the same predicament faced by Iranian companies.
.. more ..
icnif77:
However ...
‘We surrender!’ Roscosmos chief taunts Trump for bragging about ‘super-duper’ US missile