Brazil told Trump to stay out of their 5G business. Brazil may not be ready to pick a 5G platform for months, but the head Internet expert in Brazil told the press he’ll treat Huawei like any other sales company.
Mr. Trump and Mike Pompeo continue to put pressure on countries in South American as well as in Europe in order to force the Chinese to agree to the president’s international tech terms. Liu He, China’s chief trade negotiator, will be in Washington to sign the agreement on January 15th. But several news reports claim the Chinese made changes in Phase One, and those additions or subtractions may screw up the deal.
The tech sector wants Trump to lift the ban on Huawei, but Ren Zhengfei told the press Trump’s dead to him. Huawei’s 2019 revenue was $122 billion. That’s an 18 percent increase over 2018 even though Trump continues to badmouth the company.
Huawei’s smartphone sales continue to go through the tech roof. Huawei is the second-largest smartphone vendor in the world. And Ren wants to be number one.
Samsung is number one in the smartphone making and selling business, and Apple is number three. But iPhone sales in China jumped 18 percent in January. China has a huge smartphone market. Huawei’s Pro 30 sold out within hours in China after its debut. The new Pro 40 series should be out in 2020 and according to tech news, the Pro 40 has a badass screen with infinity-like corners.
Fed members keep telling the press the economy is in good shape. Unemployment is low, and inflation is not an issue. But corporate profits are in the toilet, and business investment has a fever. The Feds keep pumping cash into the repo market, and the Iran conflict will take another bite out of the U.S. economy.
American consumers will pay more than $36 billion in tariff taxes in 2020. That will impact spending habits. Consumer confidence keeps slipping. And Trump’s 2017 tax cut continues to increase the national debt.
Prince Harry and his bride want to put space between them and Buckingham Palace. But the couple screwed-up by not telling the Queen Meghan’s sick of being a dull royal, and she wants to spend time in the states. The Queen let the press know Harry and Meghan aren’t going anywhere until she gets her anger under control.
