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Margaret Talev and Sheridan Prasso — U.S. Preparing Trump Order to Restrict Chinese Telecoms, Sources Say

Summary:
This will likely meet reciprocal response and result in a two-tier IT technology, with the West vassals using the Western system and the Global South using the Chinese system. A multi-polar world will result, especially with a growing cold war between the US/Global North and China-Russia/Global South.BloombergU.S. Preparing Trump Order to Restrict Chinese Telecoms, Sources Say Margaret Talev and Sheridan Prasso See alsoZero Hedge"Huawei Death Sentence": Trump Said To Prepare Executive Order Restricting Chinese Telecoms Tyler DurdenZero HedgeTaiwan Holds Live-Fire Military Exercise Amid Fears Of China Invasion Tyler Durden EcnsChinese FDI in U.S. plunges as obstacles rise FortuneHuawei Founder Ren Zhengfei Breaks Silence as Global Pressures Mount Sputnik[Czech President] Zeman

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This will likely meet reciprocal response and result in a two-tier IT technology, with the West vassals using the Western system and the Global South using the Chinese system. A multi-polar world will result, especially with a growing cold war between the US/Global North and China-Russia/Global South.

Bloomberg
U.S. Preparing Trump Order to Restrict Chinese Telecoms, Sources Say
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Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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