Hany Nada, ACME Capital co-founder, and Henry Blodget, co-founder and CEO of Business Insider, join "Squawk Alley" to discuss Huawei's ban in the United States and the ongoing trade tensions between the U.S. and China.
To the FBI-guy who is watching all the comments here: I have the evidence on my boss who is hiding the mass destruction weapons in his ass. Send me 200000000 usd and I'll show you the way to that dark and evil hole.
Oh shit . I almost forgot. I almost got bamboozled! Indeed. Iran have rockets. Yes they do. But ICBMs? Fuck no. No evidence indeed. Thank you for reminding me.
That exactly what happened during 1970, when America began to lose to France and UK during the production of supersonic jet. They banned the production of supersonic jet with the excuse of "it's going to break eardrum and windows"
So far the the American government has produced 0 zero ZERO evidence of huawei spying. You would think that with a serious accusation like this you would say we have the evidence here but So far the government has shown no one anything. All they have been doing is repeating “huawei is spying “ all over the world.
@@jiguo773 Actually their accusations are over Huawei failing to inform banks it was dealing with Iran after America illegally applied sanctions against Iran when there was no justification rto do so
@@frankspeaking2630 US can sanctions another country, but it can't force every other country in the world to stop trading with a specific country, US is not the boss of the world, although they like to think they are. Also, their accusation is that HUAWEI can and will spy for the Chinese government, although they provide no evident after years of reviewing HUAWEI's product since the Obama administration. This accusation on HUAWEI has been said by Trump and the Secretary of State Pompell many times over, there are plenty of their videos online, none of them provide any evidences though, so their accusation is about hacking and spying, even though we all know from Snowden that US is the one that spies everyone, even their allies with the PRISM program.
@@ericcartmann so...according to your theory, the anti-Huawei guys all invested in US tech company so they hate Huawei? Your suspicion and baseless theory is not fact dude.
@@audsunheatpumpgroup9812 No, he said the pro huawei guy has invested in the company. Nothing about anti or us tech companies. Anyone who says 'so, according to you' or 'so basically' is about to twist whatever the person said before them. What a joke.
You have those who see China as a threat to the global order. If they take global leadership, it will be the first time in over 400 years that it hasn't been a western country. They have no idea what that will do to the world. China will spy different than America does. Much like China censors differently than America does. I don't trust Apple or google or Facebook, and they were not founded by a collectivist and one party member. The customers of Huawei will never come first, the CCP will.
"We don't need any fact to accuse Chinese! We can always charge them whenever we are not feeling well with them!" Is this the so called American Justice?
US : don't buy Huawei equipment ! citizen : Why ? US : Because they will spy on you citizen : Why do you know ? US : Because we spying Chinese government and you
@@danferguson71 oh really? Have you even used it? I personally use Samsung but Huawei is the only one giving tough competition to Samsung. So keep quite lol
@@danferguson71 hahaha Apple lol. Ok tell me what's stolen tech in Huawei first. And I think you didn't read my previous comment. I use Samsung (Note 9). But reality is reality. Huawei was the first came with 50x zoom, reverse wireless charging. So who stole tech? Now wait and watch apple will come with these features in the future 😂
use google before saying smthing dumb like this. you need to understand that the communist party is playing dirty all the time. China has banned facebook, google for years. All the US tech companies have to share their technologies in order to do business in China. It's time for them to pay back.
@@quanlamtruong5870 yea u too go use google and find out who manufactured most of USA electronic products and where did USA get his rare earth from to supply most of its business in USA? Would u see google if USA got no supply of that? Would u use Apple stuffs? And oh yeah, China got 5G did he get it from USA?
Actually it is very difficult for Chinese capital to invest US tech companies. I don't know why Americans have such confidence saying that their market is open. That is far from reality.
Let me ask you, how are you watching this if you're Chinese? How dare you use RU-vid in China! You're not even allowed to have these kinds of debates in China and they don't happen. But yea, you're number one and all that.
It’s not that all these apps were banned in China. Those apps quit the Chinese market because they do not want to obey the Chinese law. The Chinese government requires all social media apps operating in China having content filtering, which should obey the government’s regulation. The US companies don’t want to do that because that means all the information around the world will be not available in China. Without those information and the global ecosystem, these companies wouldn’t be able to compete with the domestic Chinese social media.
Tekken World, no longer Nations just Corporations vs Corporations that control regions, if you consider USA a corporation we achieved that dystopian world...sh*t
To be honest, before Trump started to bully Huawei, it's smartphone is no better known than iPhone. Now Huawei P30 is everywhere! Did Huawei bribe Trump to globally advertise for it and make 5G a big deal?!
Can't understand this.Couple months ago I didn't even know huawie is thing.Now it has already become one of the most famous tech brand in the world.Trump is giving free publicity to this Chinese company.And he even put US into a state of emergency for this one Chinese company.That must make Chinese feel very proud
Are you serious, where the hell are you living? In Amazon jungle? Huawei is second most selling smart phone in the world after Samsung. Apple is third.
No. Wrong. Huawei’s logo looks like NBC’s. NBC has been using the “peacock” logo since the 1920’s. Huawei obviously wasn’t even founded until after the tech boom over half a century later. You know how ridiculous you sound to be saying a US company is “copying” (copyright infringement) a Chinese company when that same US company is literally half a century older than said Chinese company (plus China’s long history of ripping off US and other foreign companies.)
The last comment in the video reveals the logic about politics. As long as the other party loses more, we win. That’s not the logic of economics. The whole China thing is about politics.
No if two parties are losing the third party wins...... If China and US screw up, Europe, India, Russia and major countries in Asia wins. Just like how it has been for centuries.
@@thegreatestdao " China is the only ancient civilization left out of the four." China has broken apart and has had many civil wars. The ancient china is not the modern china. Completely different governance and ideology. Also during the cultural revolution where the CCP killed millions of counter revolutionaries the CCP destroyed many of China's ancient artifacts and traditions that didn't align with the CCP's world view.
US is talking about Soybeans nothing else to export. China is talking about 5G internet, AI, and Huawei’s 5G chip, which at least six years ahead of Qualcomm chip
china is screwing America only because the idiots in Washington have no negotiating skills... I don't blame china... I blame fools that call themselves politicians who I also call traitors... trump is trying to even the balance which is tipped to china's advantage.... we built china sadly
@@alwilk2607 I think China has nothing to worry about since people like you voted for Trump ! ...LoL China loves Trump, whats not to like if your competition is shooting himself in the foot ...another four more years !
Kotna Kerry the thing is about short-term lose and long-term lose. It will no doubt cost China more than US in short-term, but who knows what it will look like ten years later.
China has a significant trade surplus with the US so they have more to lose. Chinese industries have become reliant their government tariffing and banning competition and most importantly free shipping. All that is gone now. China has no advantage anymore.
Neville Hirschfeld yeah that’s a fucking shame, but truthfully, China is really advancing when America is still thinking of how to slow them down instead of how to pick up pace themselves
Even android OS also spy. When you put on a sticker to cover it's front camera, It pop up and say your phone camera is covered. I discovered it when I put down sticker on as I don't use that.
so it makes sense that China overtakes america, dominates the world, and we kiss goodbye to our freedom and rights? Bloody hell - take a look at china, throwing millions into camps, shooting tibetans trying to escape into india, throwing their own people into prison and harvesting their organs for practising falun gong. And then - ur like - "trump talks hate" well china's regime PRACTISES hate. Persecuting anyone different it thinks is threat - Imagine if trump was throwing a million muslims into camps - you'd be outraged. So why does the worlds most powerful man - Xi - get a free pass?
No if China was honest about Hauwei how come they have a firewall, because they want to spy on everybody else, if Hauwei and Meng Wanzhou say they are innocent how come she will not go to the US and represent herself in court, if they are innocent she would get a fine and sent back to China.
Wake up too late. Hua Wei is all over the world for years, supplying 3G and 4G equipment to a large number of country. Can US catch up in time ? Hua Wei is still signing contracts with interested countries. Has US done so ?
@@briandavis849 US corporations purposefully exited the telecom equipment business in the late 90's (mostly via M&A). That's why outside of Huawei, you are left with Ericsson and Nokia (which has far inferior 5G tech than Huawei).
China will not ban Apple, but Apple needs to transfer its factory from the USA to China or other countries to avoid tariffs and national security screw.....
@mindyourbusiness Rediculous. Reference the Facebook in Europe. If u want to enter a new market, should at first agree to amply with the laws. Isn't the case in the US?
Not a problem at all to move apple production to US soil. But, instead of price $1,000 for new iPhone... consider about a price of $5,000 at least for iPhone ;)
5 лет назад
@@Azotrac hehe, pozz... and proud to use Huawei Mate 20 Pro :)
@James Wisrik the biggest difference between USA and China is the USA declares war on other countries China declares war on it's own people. The Chinese Communist Party have killed a 100 MILLION OF THEIR OWN PEOPLE
@@europeancitizen6375 Chinese Communist Party have killed 100 million of their own people? Are you sure? Where did you obtained the data? what caused China's population growing up from 400 million to 1.3 billion from 1950s to nowadays ?
It's also catastrophic for China because of the massive workforce manufacturing iphones. China has other ways to get back at the US, like rare earth minerals which China controls most of.
Exactly that's y china has now worries on this. If they act, this could be a start of a war by a technologies. We all know that this future will be all in technology now🤭 🤭🤭
it's impossible for the US to tear down the manufacturer that leads the 5G network. First of all, Huawei did not violate business rules or US laws. This enables it to use legal means to resist the US government's unfair decisions and to protect its own rights!
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fundamentally the US and China are at different stages of development, one is a developed country and other is a developing country, how can these two apply the same rule for business? one is able to function as a free market and other is in need of assistance for developing. if China allowed all the US tech companies to enter, China will not be able to develop her own, and it will fall into the trap of colonization. China should be little more opened and free for trade but it won't get there under pressure and threat, it's a process
I pay $13 bucks for a pair of windshield whipper from parts store and all of them are Made In China regardless of the US or Euro brand name six months ago. Today I have to pay $15.99 bucks plus sale Tax for a very same pair of windshield whipper for other same car...I piss.
Dont even need so many people to discuss about this issue. *US accused Huawei products of spying/malicious backdoor spying etc. WHERES THE EVIDENCE?????*
from american mind, it is not wrong to talk like that. they consider that China shall always lay behind them because they are the city of God.@@felixliu4510
the unfairness.between china ans us is the fact that china buys too many chips from US. to make it more fair, china should foster domestic chip manufacturers like Huawei.
no, you forced technology transfers to do business in China...and RU-vid, Amazon, Google, Facebook, Twitter, etc...ALL BANNED FORM CHINA. How dare America ban ONE COMPANY from China
Post WWII the US had a mixed economy and took the world by storm. China has the same, but the US has been running away from it. At least in their current form, Socialism and Capitalism don't work alone.
@@abram730 You are correct. Professor Wolff said the US has a communist party and Socialist party who made min. wage and social security. Later, they were attacked and dismantled by Capitalist.
Taiwan actually stand with China but they need earn money from America so just pretend to against China~ that's 100% so loser u never learn history I know it
@@sungjinlee9727 lol moron korea is one of the biggest investors in china. just go look up the data. there are thousands of taiwanese companies and factories operating in china now.
@@leezhieng yes Korea invested a lot in China. However, they are exiting from China to Vietnam or India. I believe you are dumb enough to not look at current statistics in Korea companies' investment in China.
A funny Chinese joke that appeared recently: A Chinese technology company: we've made nuclear energy batteries that can be put in your computer so you can play with your laptop all the time without charging. Chinese people: so? A Chinese technology company: don't you think this is very advanced? Chinese people: no. A Chinese technology company∶Why? Chinese people: you have not been ban by the United States, how dare you say you are a high-tech company?
Like what Tech companies are blocked in the Chinese markets? Put the rhetoric aside and give some examples. A lot of tech companies are blocked by the US government to invest in China and the US government is also blocking Chinese companies to invest in the American tech sector and American tech export to China through National Defense Authorization Act. Talking about being hypocritical.
Calvin Houng So all you can think of are a bunch of IT companies, they are barred from the Chinese market because they don’t operate according to the Chinese Cybersecurity laws. You will be blocked if you serve as a tool of propaganda to incite color revolution.
Frank Monk what are you even talking about? How does Quora or even Instagram violate cyber security laws? The Chinese have the exact same copy in their own country. And if you as a foreigner is looking to launch a tech startup in China, you literally can’t or face a ton of obstacles like having to get into a JV etc. you have no idea what you’re talking about seriously. Go google digital protectionism in China and you will find many papers on the subject or speak to anyone who has done business with/in China...
Fair & Square Justice no man,there aren’t America companies’ fault ,Chinese and American companies helped each other a lot , the only problem here is Trump, the only thing in his mind is about get benefits from short term,but the way he think is only from a small scale and concerning about temporary staffs,it’s could happen for being a business man, but not a global leader.
Does USA don’t spying all over the world? Can USA say they don’t spying ? Long run it is quite scary to use USA hardware and software due to it can use as the tool to sanction for any countries in the world...
The worst argument ever "It is going to cost us less than it costs China" well not an established fact, depends who "We are" It depends on what China does, at least 50% of imports from China is US companies manufacturing in China, they will get hurt and the US consumer will get hurt. But lets say it hurt China more than the US but maybe they don't care, then what?? You have played all cards and are getting ignored.
The best way is not only ban Starbucks, Mcdonald's KFC, and all American related services companies but boycott them world-wide. USA will lose hundreds of billions in lost revenues from these and over a decade or two, USA will be much poorer. Since China has so many airlines, boycott Boeing planes and fine Boeing planes for hundreds of billions of dollars for flouting basic safety.
@Roger Faint Just because the US is an ass why follow their lead?? The best to do is ignore the US, just show that nobody cares about their threats. It is a big misunderstanding, it is not China selling or US buying it is business. Banning US companies in China punish US business not US it also punish China by lowering GDP. Just stupid. Let the US raise their production costs to make them less competitive and raise consumer prices and inflation. Do not "cut of your nose to spite your face" This caveman mentality, "It hurts them as well" is really childish. If China stay calm it shows it is a safe investment environment compared to the erratic US and that is the big win. What is not said is Europe who do not put sanctions on China get an advantage by lower production cost than the US. What is next step?? More sanctions on Europe?? The US is painting itself in to a corner, either it will price itself out of the market or it has to remove the tariffs and look like a big loser. Only thing China has to do is.... *NOTHING*
use google before saying smthing dumb like this. you need to understand that the communist party is playing dirty all the time. China has banned facebook, google for years. All the US tech companies have to share their technologies in order to do business in China. It's time for them to pay back.
@@quanlamtruong5870 because there are too many dumbasses on facebook and google talking about anti-china stuff and calling it freedom. If you make an anti-america topic on facebook, your post will be deleted and CIA will find you as well
Im assuming pple with Huawei phones in my country will be selling theirs away. I checked at my local e-store and....apparently, there are more people looking to BUY those phones (inc myself) than selling! What's happening?