by Huawei’s suppliers in Japan, South Korea, Taiwan (ROC), and Britain are examining if they can continue to make business with Huawei, while some have already declared a suspension in cooperation. The issue is that these non-American companies nonetheless use some American components of technology, and if they proceed they will be sanctioned by the US themselves. It is the same reason why Russia’s Sukhoi did not in the end sell its SSJ-100 airliners to Iran…. Apparently some have forgotten that Nazi Germany was way ahead of the West in development of rocketry, jet aircraft, and atomic weapons. The US instituted the Manhattan Project to catch up. And remember how MIG-15's ended US control of the skies in Korea? The US had to scramble to bring its own jets into service as quickly as
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Mike Norman considers the following as important: Huawei, Sino-American trade war
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Huawei’s suppliers in Japan, South Korea, Taiwan (ROC), and Britain are examining if they can continue to make business with Huawei, while some have already declared a suspension in cooperation.
The issue is that these non-American companies nonetheless use some American components of technology, and if they proceed they will be sanctioned by the US themselves.
It is the same reason why Russia’s Sukhoi did not in the end sell its SSJ-100 airliners to Iran….Apparently some have forgotten that Nazi Germany was way ahead of the West in development of rocketry, jet aircraft, and atomic weapons. The US instituted the Manhattan Project to catch up. And remember how MIG-15's ended US control of the skies in Korea? The US had to scramble to bring its own jets into service as quickly as possible. Certainly, China and Russia will try to do the same to become self-sufficient in technology, and they have the resources to do so if they choose. Now they have no choice.
Skeptics point out that this will take time. Well, both China and Russia are in this for the long haul. The tech world is splitting, whatever that will entail subsequently.
In the end, these countries that the US views as adversaries will emerge stronger and more self-sufficient, and they will also be stiffer competitors in the global economy. Russia and China will also be forced to cooperate out of necessity, deepening the fissure between West and Global North, and East and Global South.
Checkpoint Asia
Big Blow for Huawei as Japanese, Korean, British Firms Reconsider or Suspend Cooperation as Well
See also
Donald Trump’s former chief strategist Steve Bannon gave an impassioned account of what is driving the US war on Chinese tech firm Huawei… and trade has little to do with it. The US wants to destroy its competitor, for good.Capitalism is about monopoly power. Free market competition as modeled by neoclassical economics reduces profit to costs, eliminating rents.
RT
‘Shutting down’ Huawei ‘10 times more important’ than trade deal with China – Bannon
Also
Expect A Long-Trade War: China Offers Tech Companies Five-Year Tax Break To Offset Tariffs
Tyler Durden