With rising US-China tensions affecting the tech sector, Intel has secured a license to produce tools to 5G big Huawei. RT’s Increase Bust explores why Washington allowed this to occur.
The present is joined by Jeffrey Tucker from the American Institute for Financial Analysis.“What’s taking place is that the Trump administration steadily realizes that we live in a world financial surroundings, not simply disentangled by the nation-state,” Tucker explains, including: “They will be unable to drive this iron wall between China and the US. It’s not believable in a digital age.”
The economist additionally says that he is very impressed by Huawei’s response. “That’s clearly an organization ran by very good adults who’re extra excited about prosperity and expertise than they’re in simply nationwide satisfaction. I believe Huawei will get the higher into the deal right here and Trump’s administration goes to lose this conflict,” says Tucker.
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