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Message: Tech Stocks Tumble As Huawei DOJ Probe Prompts Fears Of Trade War Escalation

Washington’s broader assault on Huawei has exacerbated tensions with Beijing, already wrangling with the U.S. over trade. The Trump administration has also recently cited Huawei, the world’s largest maker of cellular-tower electronics and other telecommunications equipment, as a threat to American leadership in the race to develop the future of mobile communication. Hauwei is also the world’s No. 3 maker of smartphones, behind Apple Inc. and Samsung Electronics Co.

https://www.zerohedge.com/news/2018-04-25/tech-stocks-tumble-huawei-probe-prompts-fears-trade-war-escalation

 

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