This kind of looks like the start of the same thing here in the u. S. Now if we saw the president for banning these communication apps so many concerns the people no longer have communication at all whatsoever with either family ur business contacts or right ben meanwhile a separate federal judge gave the Trump Administration until friday 230. 00 eastern to delay an order banning chinese talk of looks like the Trump Administration filed opposition to ticktock request to delay that ban it but that order is still under seal. You know essentially this all goes back to the fact that to talk remember have filed an injunction or ask for an injunction from a federal judge to say you need to stop the for sale of tiktaalik because they say its not legal for the trump ministration to demand that they sell and thats a little older than all the negotiation thats been going on that happened several weeks ago we have all this negotiation in the meantime but tween oracle walmart and to talk of the Ch
To the revision or development of a standard in a Standards Organization will the u. S. Added waterway to its entity list in may of 2019 this was over National Security concerns a claim that wall way has repeatedly denied but in an interview with fox business commerce secretary will ross clarified that this new rule is not to help wall way but simply to quote help make sure we have ubiquity in 5 g. Adding the change is really simply a clarification it isnt that were doing something to help all way what were doing is something to make it easier for Global Standards to be symmetrical ross reiterated National Security concerns remain over while these 5 g. And said that spying is a very real issue will the rule is scheduled to be formally published this thursday. For more we are joined by a host of Economic Data and author of understanding socialism professor Richard Wolfe professor as always thank you for being with us today. Lets start with the shares in Chinese Telecom companies that ha
Socialism professor Richard Wolfe professor as always thank you for being with us today lets start with the shares in Chinese Telecom companies that have jumped following these loosened sanctions as i just mentioned u. S. Secretary of commerce will be while we remains a Serious National Security concern but is this the start of the u. S. Essential e backing down. Absolutely if this is a should leave the United States widely expected for some time and as a response not only to pressure from American Companies that want to walk away and rely on business with. Initial pressure from all the countries germany is a prime example that have already embedded while way. Which is among the best in the world i mean a little dish in the long run jus wont be ready as better chips will go to the United States. In telecommunications and this is the recognition that the chinese really already completed or you believe the highest level and yes its. Because you become too expensive for the United States