Qualcomm May Be Collateral Damage in a U.S.-China Trade War - News Summed Up

Qualcomm May Be Collateral Damage in a U.S.-China Trade War


By targeting foreign players with ties to their own markets, the United States and China are putting their own economic futures at risk. The question is whether the Trump administration will balk at paying that price — or see its goal of punishing China for unfair trade practices as more important than any collateral damage that could ensue. The emergence of this technology means that, for the Trump administration, national security is no longer confined to airplanes, tanks and weapons systems. Today, a growing chorus of American companies have complained that China has pressured them into sharing their technology in similar ways. In the late 1990s, Clinton administration officials pushed China to adopt American standards for mobile phones on behalf of Qualcomm.


Source: New York Times April 18, 2018 22:10 UTC



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