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6/20, 12:43 PM (Source: TeleTrader)
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US Huawei ban aimed at weakening China - Putin

Russian President Vladimir Putin said during his annual Direct Line question and answer session on Thursday that the United States is planning to hinder China's economic development by imposing tariffs on its goods and restrictive measures on its companies, particularly tech giant Huawei.

Earlier this month, Putin accused the US of trying to push Huawei out of the global market and "monopolize" technology development. Washington added the tech giant on its trade blacklist in May and declared a national emergency in order to protect its information and communications technology and services from alleged foreign espionage.

Breaking the News / NP