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So many US corporations are sacrificing potential billions in global comsumer confidence and flat-out revenue loss backing the “trade war”. What assurances are

So many US corporations are sacrificing potential billions in global comsumer confidence and flat-out revenue loss backing the “trade war”. What assurances are they getting which makes them willing to take the leap, I wonder? At the end of the day any losses have to be explained to sharebolders, regadless of political loyalties.

JeremyBanks 7y ago
The asurance that their company won't be shut down for violating a federal embargo?
CamperBob2 7y ago
Trump has proven loyal to the farmers, at least, to the tune of redistributing over $15 billion in taxes to compensate them for the harm done by his administration's trade policies. I'm sure the rest of us will receive similar consideration.
hackermailman 7y ago
The Huawei 'war' is between the 5 Eyes Alliance countries and China, not just the US. If you live in Canada, Australia etc, you have persistent propaganda being released in the media warning of the evils of Huawei 5G hardware. My cynical view is Huawei has some sort of edge on competitors to quickly deploy 5G around the world (state subsidies possibly), and the 5 Eyes Alliance will lose their 'information dominance' as once expressed by Gen Alexander, so the option was to start flexing against Huawei with 1980s cold war style aggression to slow them down.
- vinay427 7y ago
  This seems to assume that the 5 Eyes alliance has backdoors in products by the competition: products by continental European companies (Ericsson, etc.) that don't have a notable history of this. That's a strong assumption to make.
  - hackermailman 7y ago
    I'm not suggesting the companies are compliant, the 5 Eyes Alliance probably doesn't want to give up it's cheap and easy access to telecom hardware ie: information dominance. The executives of Cisco back in 2014 lamented how all the Snowden leaks about backdooring their equipment boosted Huawei: https://venturebeat.com/2014/08/13/nsa-spying-tech-companies/ https://venturebeat.com/2014/08/13/nsa-spying-tech-companies... “This week a number of media outlets reported another serious allegation: that the National Security Agency took steps to compromise IT products enroute to customers, including Cisco products. We comply with US laws, like those of many other countries, which limit exports to certain customers and destinations; we ought to be able to count on the government to then not interfere with the lawful delivery of our products in the form in which we have manufactured them."
ETHisso2017 7y ago
They aren't getting assurances, they're being threatened with the loss of federal government business.
- JumpCrisscross 7y ago
  > they're being threatened with the loss of federal government business Criminal penalties for their executives are the real stick.
  - kmonsen 7y ago
    The CFO and daughter of the founder is currently held in Vancouver awaiting extradition to the US.
NicoJuicy 7y ago
It's an excuse for long term thinking and out of control for the shareholders. Ever since every Chinese company with >50 employees requires a representative of the communist party. Every multinational knows that China will screw them over. They just have an excuse now. Plenty of multinationals that don't want to do business there. I haven't heard any of them subject truthfully that they hate not able to do business there.
- codedokode 7y ago
  > every Chinese company with >50 employees requires a representative of the communist party. And every Western company is required to comply with NSA orders and sanctions arbitrarily imposed by anyone from US administration. Nothing different here. > Plenty of multinationals that don't want to do business there. A billion customers market is not something you can ignore. Google wants to return to China, and Apple is happily cooperating with its Chinese partner.

JeremyBanks 7y ago

The asurance that their company won't be shut down for violating a federal embargo?

CamperBob2 7y ago

Trump has proven loyal to the farmers, at least, to the tune of redistributing over $15 billion in taxes to compensate them for the harm done by his administration's trade policies. I'm sure the rest of us will receive similar consideration.

hackermailman 7y ago

The Huawei 'war' is between the 5 Eyes Alliance countries and China, not just the US. If you live in Canada, Australia etc, you have persistent propaganda being released in the media warning of the evils of Huawei 5G hardware. My cynical view is Huawei has some sort of edge on competitors to quickly deploy 5G around the world (state subsidies possibly), and the 5 Eyes Alliance will lose their 'information dominance' as once expressed by Gen Alexander, so the option was to start flexing against Huawei with 1980s cold war style aggression to slow them down.

vinay427 7y ago
This seems to assume that the 5 Eyes alliance has backdoors in products by the competition: products by continental European companies (Ericsson, etc.) that don't have a notable history of this. That's a strong assumption to make.
- hackermailman 7y ago
  I'm not suggesting the companies are compliant, the 5 Eyes Alliance probably doesn't want to give up it's cheap and easy access to telecom hardware ie: information dominance. The executives of Cisco back in 2014 lamented how all the Snowden leaks about backdooring their equipment boosted Huawei: https://venturebeat.com/2014/08/13/nsa-spying-tech-companies/ https://venturebeat.com/2014/08/13/nsa-spying-tech-companies... “This week a number of media outlets reported another serious allegation: that the National Security Agency took steps to compromise IT products enroute to customers, including Cisco products. We comply with US laws, like those of many other countries, which limit exports to certain customers and destinations; we ought to be able to count on the government to then not interfere with the lawful delivery of our products in the form in which we have manufactured them."

ETHisso2017 7y ago

They aren't getting assurances, they're being threatened with the loss of federal government business.

JumpCrisscross 7y ago
> they're being threatened with the loss of federal government business Criminal penalties for their executives are the real stick.
- kmonsen 7y ago
  The CFO and daughter of the founder is currently held in Vancouver awaiting extradition to the US.

NicoJuicy 7y ago

It's an excuse for long term thinking and out of control for the shareholders. Ever since every Chinese company with >50 employees requires a representative of the communist party. Every multinational knows that China will screw them over. They just have an excuse now. Plenty of multinationals that don't want to do business there. I haven't heard any of them subject truthfully that they hate not able to do business there.

codedokode 7y ago
> every Chinese company with >50 employees requires a representative of the communist party. And every Western company is required to comply with NSA orders and sanctions arbitrarily imposed by anyone from US administration. Nothing different here. > Plenty of multinationals that don't want to do business there. A billion customers market is not something you can ignore. Google wants to return to China, and Apple is happily cooperating with its Chinese partner.