Be the first to like this.
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.
No result.
1
Stock Market Enthusiast
Top 3 AI/Data Center Newsflow for the 3rd Week of December - #TENAGA, #YTL, #YTLPOWER
3
4
save malaysia!
5
save malaysia!
6
save malaysia!
7
Good Articles to Share
China property flare-ups resurface as crisis enters fifth year
8
#
Stock
Score
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock
Time
Signal
Duration
Stock
Time
Signal
Duration
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
teoct
480 posts
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.