Samsung flags 96 percent plunge in profit amid chip slump
Al JazeeraAUG 2023
Plainly, the US is bullying domestic and foreign companies from doing business with China. America should follow the lead of its counterparts in the EU and around the world in seeking favorable economic ties with Beijing rather than using its status as an economic power to gain an edge.
If the fact that China controls every domestic company wasn't reason enough, Huawei's founder was a Chinese military engineer before building the company, and it is, inarguably, a risk to US national security and the security of Western private companies. US sanctions are for the benefit of the whole free world and its economy, so it's important that companies abide by trade regulations such as these.