The trade war between the U.S. and China has been multifaceted. What started as a strategy to reduce the deficit of bilateral trade, it has morphed into a battle over unfair trade practices for technology, IP (intellectual property) theft, and prevention in the growth of China’s military strength.
On May 16, the U.S. Commerce Department placed China’s Huawei on an "entity list" on grounds of national security, a move that curbs its access to US-made components it needs for its equipment. The move banned the use of American technology to make chips for Huawei, meaning