Greg posted this news, not be to be missed (in case you did):
This was in response to the US Commerce Department saying use of Huawei’s Ascend AI chips violates the governments export controls.
Keeping a lid on tariffs is in the interest of both the US and China, so I imagine this’ll get sorted out. Could get ugly if not though.
This article was written by Eamonn Sheridan at www.forexlive.com.
Source link
