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Top US semiconductor companies stop supplying Huawei

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Leading technology companies in the US have started to cut off supplies to Chinese telecommunications equipment supplier Huawei, according to Bloomberg.

US chipmakers such as Intel, Qualcomm, and Xilinx are reported to have said they will not supply Huawei until further notice.

Meanwhile, Google is reported by the Wall Street Journal to have banned Huawei from using some services in its version of the Android operating system for smartphones. [Read more…] about Top US semiconductor companies stop supplying Huawei

Country Insight: The potential for development in communist North Korea

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North Korea is often referred to as a hermit kingdom of sorts, or the last bastion of communism remaining in today’s largely capitalist world. 

But it’s probably more accurate to think of it as a militaristic nation which has been on a war footing ever since the 1950s when it was the battleground for forces from the US, UN and China, as well as its own.

So, for the past 70 years, the country’s population of 25 million have had to live on food rations provided by the communist government.  [Read more…] about Country Insight: The potential for development in communist North Korea

Trump threatens to tax cars from Europe if EU retaliates over steel tariff

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US President Donald Trump has threatened to impose a new tax on imported cars from Europe if the European Union takes retaliatory measures over the newly announced steel tariffs. 

Speaking through Twitter, Trump said: “If the EU wants to further increase their already massive tariffs and barriers on US companies doing business there, we will simply apply a tax on their cars which freely pour into the US.

“They make it impossible for our cars )and more) to sell there. Big trade imbalance!”  [Read more…] about Trump threatens to tax cars from Europe if EU retaliates over steel tariff