Global markets are rallying after Trump tempers his Huawei ban after ‘big reality check’
|05/21/2019||Posted by BusinessMediaguide.Com under General World News||
- Asian and European stocks and US futures rose on Tuesday after Trump tempered his Huawei ban.
- The Chinese telecoms giant can buy US products to maintain its networks and release software updates, but it can’t buy American components for new devices.
- “This latest move by Trump shows just how haphazard his policies are and also how pervasive Huawei goods and technology are,” said Jasper Lawler, head of research at London Capital Group.
Asian and European stocks and US futures rose on Tuesday after US President Donald Trump tempered his Huawei ban, permitting US companies to do business with the Chinese telecoms titan for read more >>>