Trump is at it again, screwing Americans...
Global Times editor tweets China could retaliate for Huawei move
Published: May 15, 2020 at 7:22 a.m. ET
Global Times editor Hu Xijin, who is perceived to have close ties to the Chinese government, said China may retaliate if the U.S. prevents microchip shipments to Huawei. "Based on what I know, if the US further blocks key technology supply to Huawei, China will activate the "unreliable entity list", restrict or investigate US companies such as Qualcomm QCOM, +2.39%, Cisco CSCO, +4.52% and Apple AAPL, +0.61%, and suspend the purchase of Boeing BA, +0.84% airplanes," he said over Twitter. Futures on the Dow Jones Industrial Average YM00, -0.97% were recently down 176 points after having been higher in the morning. Reuters reported earlier that the U.S. was moving to block chip sales to Huawei.
http://www.marketwatch.com/story/global-times-editor-tweets-china-could-retaliate-for-huawei-move-2020-05-15?mod=home-page
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