The U.S. moved to impose additional duties on steel coming from Asia, expanding a crackdown on what the Trump administration views as unfair trading practices by other countries. The U.S. is also hitting back at Huawei's Constitutional Challenge to Sales Ban.
Benjamin Harburg, managing partner at MSA Capital, discusses Huawei’s efforts to fight President Trump’s ban on the company, where he sees the negotiations heading and how other companies may be impacted by the tit-for-tat tensions.
Huawei made its way onto the global stage by becoming the world's largest provider of networking gear, the number two smartphone maker and one of the biggest proponents of 5G technology. But as the Chinese telecom giant ramped up its plans for global domination, the pushback intensified. Connected and contested, Huawei says it simply wants to guide the world into the next technological revolution.
Huawei is pushing back against talk that China could target Apple in the trade war, saying there is much to learn from its American rival after overtaking it to become the world's second largest smartphone maker earlier this year. Founder Ren Zhengfei told us why he still considers Apple to be his teacher. He spoke exclusively to Bloomberg's Tom Mackenzie at Huawei's headquarters in Shenzhen.
Huawei Technologies Co. founder Ren Zhengfei denies intellectual property theft, and says U.S. President Donald Trump attacks his company because of its success. Ren spoke exclusively with Bloomberg Television's Tom Mackenzie at Huawei's headquarters in Shenzhen, China.
Huawei founder and CEO Ren Zhengfei is striking a defiant tone in face of the U.S. sanctions against his company. In an exclusive interview, he told Bloomberg's Tom Mackenzie that Huawei will find alternatives to keep its lead in smartphone manufacturing and 5G.