AP Explains: US sanctions on Huawei bite, but who gets hurt? [FOX News]
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Source: FOX News
AP Explains: US sanctions on Huawei bite, but who gets hurt? A woman uses a smartphone outside a Huawei store in Beijing Monday, May 20, 2019. Google is assuring users of Huawei smartphones the American company's services still will work on them following government restrictions on doing business with the Chinese tech giant. (AP Photo/Ng Han Guan) Trump administration sanctions against Huawei have begun to bite even before their dimensions are fully understood. companies that supply the Chinese tech powerhouse with computer chips saw their stock prices slump Monday, and Huawei faces decimated smartphone sales with the anticipated loss of Google's popular software and services. The move escalates trade-war tensions with Beijing, but will it only make China more self-sufficient? Here's a look at what's behind the dispute and what it means: ___ WHAT'S THIS ABOUT? Last week, the Commerce Department said it would place Huawei on the so-called Entity List, effectively barring firms fro
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