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US pushes China decoupling, wiping billions off Apple and Boeing

US pushes China decoupling, wiping billions off Apple and Boeing

Created with Sketch.Created with Sketch.NEW YORK/PALO ALTO, U.S. -- The U.S. Department of Commerce's new crackdown on Huawei Technologies' access to American know-how kicked off a new episode of decoupling between the world's two biggest economies while setting the tone of President Donald Trump's China strategy during an election year.Trump's rhetoric on Beijing has turned increasingly aggressive in recent weeks as the coronavirus outbreak worsened in the U.S., but the Commerce Department's new rule, announced Friday, is his administration's first major economic measure against China...

May 15, 2020
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