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What with all the panic over the past month, you could be forgiven for forgetting there’s a tech war on. But for Chinese telecommunications giant Huawei, there’s no forgetting ongoing threats from the US.
The phase one trade deal signed in January between the US and Chinese governments created the illusion of a turning point in the ongoing dispute. However, Huawei’s predicament and the uncertainties arising from it are far from over.
Bottom line: The phase-one trade deal offered little relief for Huawei. The deal, which included provisions on intellectual property theft and halted some tariff hike in the past years, didn’t mention the Huawei situation at all.
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