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2 comment(s). Last comment by Junichiro 2019-06-10 12:01
Posted by Junichiro > 2019-06-10 12:01 | Report Abuse
China is expected to implement 2 tier pricing of rare earth. Exports of rare earth to US will be hit will even a higher tax while those foreign high tech firms insider China will enjoy a lower price rare earth.
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teoct
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Posted by teoct > 2019-06-10 11:59 | Report Abuse
This is where the business side kicking in.
In most B2B, there are contracts / agreements signed that spelt out commitment (responsibilities / liabilities or terms & conditions).
So, an abrupt termination normally come with compensation.
For someone like Trump, a businessman, he should know this.
And in this instances, it is the US side that actually will compensate as well as suffer drop in services that would have been derived from the use of Huawei's equipment / components.
Furthermore, other (non-US) companies will now start to consider their businesses with (& in) US as they can also be targeted (like Huawei) next.
This is really the beginning of the "becoming second" of US, as the trust has been damaged.