After a few really tense hours regarding the veto imposed by Google on Huawei, it seems that there is a bit of air to the matter with three months of truce officially offered by the US Department of Commerce. The veto is still present but this measure attempts to oxygenate an atmosphere that is really charged.
In this way, what we have on the table is a reasonable time for companies to negotiate and governments can have an approach, in any case, as we say, it is a matter of time and the damage would have already been done. August is therefore the new deadline to complete all types of operations with the Chinese Huawei, and that is financial markets were affected by this unilateral decision And it can be a reassuring maneuver for a set time.
Several points to keep in mind about this decision to postpone the sanction
In fact, many analysts think that Donald Trump wants to buy time to see the response of the Chinese government and others see in this postponement an attempt to soften the harsh measure imposed by the Trump administration team. In any case, the stock market took a good hit after the official confirmation of this decision. and it is another of the reasons that are considered on the decision to postpone the imposed veto.
All eyes and questions are now focused on him What will happen in these three months? and after this time? since everything seems to be mismanagement of a problem in which not only Chinese companies and multinationals are harmed, the system is completely damaged, entering an unknown but a priori very complicated terrain. We will see how the veto of the Trump administration advances and what happens in these days in which the limitation to dialogue and seek a solution is "frozen". Tonight at #podcastapple we will talk at length about this topic so don't miss it.