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Trump Wields More Powerful Weapon Than Tariffs in Trade War

  • U.S. moves to toughen export controls are fanning trade fears
  • Blacklist against Huawei could just be the start for Trump
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The U.S. may blacklist five Chinese tech firms. Bloomberg’s Joe Sobczyk reports.Daybreak: Australia." (Source: Bloomberg)
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President Donald Trump’s trade war against China has so far focused on attacking imports. His new front: Weaponizing American exports.

The Trump administration is seeking to choke off Beijing’s access to key technologies by limiting the sale of vital U.S. components to China’s Huawei Technologies Co. The U.S. is considering putting at least five Chinese surveillance companies on the same blacklist.