The Huawei executive order did not just suddenly appear. It has a precursor in the executive order that imposed tariffs on steel and in the forced decision by Beijing-based Kunlun to sell its investment in Grindr.
SINGAPORE (May 27): How can you destroy a strong industry competitor in three easy steps? US President Donald Trump’s most recent executive order in relation to Huawei Technologies has shown the process, and investors need to be worried, very worried. This decision affects companies all the way along the supply chain, with adverse investment impact on companies which, at first sight, seem far removed from Huawei.
More importantly, from an investment perspective, the use of an executive order to destroy a commercial competitor means that potentially every other competitor to US products or services is under a similar threat. Already, Trump has declared that high European Union car exports to the US are a threat to US national security.
