Everand Logo

Welcome to Everand!

  • Los Angeles Times

    Trump's chokehold on Huawei threatens the telecom firm and US-China trade talks

    by Don Lee, Los Angeles Times May 16, 2019 6 minutes

    WASHINGTON - When the Trump administration blocked U.S. firms last year from providing critical parts to ZTE Corp., it quickly paralyzed the Chinese telecom company and threatened to force it into bankruptcy - until President Donald Trump issued a last-minute reprieve as a favor to Chinese President Xi Jinping.

    Wednesday, Trump announced two measures to clamp down on Huawei Technologies Co. that could have much more severe and far-reaching consequences, not only for China's champion telecom firm, but also on the increasingly fraught relations between the two nations, including the current standoff on trade.

    This time, it's far from clear that Trump will step in to give the Chinese a break. For months Trump has been locked in a high-stakes trade fight with Xi, with tensions having escalated since last week as Trump ratcheted up tariffs and Xi responded Monday with countertariffs.

    Trump's executive order gave the Commerce Department sweeping authority to ban

    You’re reading a preview, subscribe to read more.

    More from Los Angeles Times

    Los Angeles Times11 min read
    After Scandal, Movie Producer Randall Emmett Is Flying Under The Radar With A New Name
    LOS ANGELES — On April 26, John Travolta debuted his latest film — “Cash Out,” an action thriller about a bank heist gone wrong. The trailer credits it as “a film by Ives.” “Cash Out” is the first and only project Ives has ever worked on, according t
    Los Angeles Times4 min read
    Andy Pages Caps Four-hit Night With A Walk-off Single In Dodgers’ Win Over Braves
    LOS ANGELES — Two of the best teams in baseball convened at Chavez Ravine on Friday night, the National League West-leading Los Angeles Dodgers and NL East-leading Atlanta Braves opening a three-game series that Dodgers manager Dave Roberts promised
    Los Angeles Times2 min read
    Three Friends Drove From California To Mexico For A Surfing Trip. Then They Disappeared
    MEXICO CITY — Last month, two brothers and one of their friends crossed from the United States into Mexico to explore Baja California's famous surf breaks. Pictures posted online by one of the brothers, Callum Robinson, 33, show the men gazing out at

    Related Books & Audiobooks