President Trump has export blacklisting the exclusion of China’s giant Huawei Technologies Co Ltd from about 60 percent of the world’s potential market for 5G gear. China’s last-minute walk away from an agreed upon Trade War truce caused President Trump to first slap China with increased tariffs, and then go for a jugular by declaring a “national emergency” that directs the U.S. Commerce Department to place Huawei and 70 affiliates on its “Entity List” that bans the telecom giant from buying components and software from U.S. companies without prior U.S. approval. Huawei was founded in 1987 by former People's Liberation Army officer Ren Zhengfei. The company, with 180,000 workers -- 76,000 focused on research -- is one of seven companies that provincial and local governments were commanded by the Party to work with in achieving ‘Made in China 2025’ worldwide tech dominance. That global triumph looked...(Read Full Post)