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Trump Administration Sanctions China’s Top Chipmaker In Possible ‘Tipping Point’
Earlier this month, shares of Semiconductor Manufacturing International, China's top chipmaker, plunged on reports the Trump administration may blacklist the company as part of The White House’s constantly escalating tech war with Beijing.
Fast forward three weeks and those sanctions are a reality.
According to a letter from the Commerce department sent to companies that do business with SMIC, exports to the chipmaker represent an "unacceptable risk". Specifically, the Trump administration c
Someone needs to slap this guy up side of the head to get him to slow his roll and get a glimpse at the long-run consequences of some kind of ongoing war with the Chinese. Yesterday he started talking about banning international students in US colleges. Such a ban would eliminate at least half of America’s new engineers, doctors, and tech entrepreneurs. This man is beyond …
Too far, too quick.
And A full blown narcissistic personality disorder pandering here before the election to it’s confused base. Agreed.
That said, the decades of technology copyright infringement China has been getting away with had to stop at some point, right?
This ongoing slow roll is theater to distract and control the airwaves. He has found a never ending source of activity and this keeps what is left of his supporters entertained as he bullies.
Headline graphic is perfect – PRC flag and The President’s red tie. Nicely done.
“legitimate national security concerns around Xi’s global tech ambitions, the incessant badgering – the constant provocations – the never-ending escalations – are exhausting, both for market participants and for the international community, including and especially America’s allies”.
Sounds like you have a strong opinion about what should happen, Prof. H.
Care to share?