Wolff Responds: Trump's Huawei ban

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Prof. Wolff responds to Trump's ban on the Chinese company Huawei and why this strategy is very dangerous for Americans.

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This incident is not only a lesson for China, but also a warning for other countries. The mandatory technical monopoly of the United States is a very bad thing for people all over the world.

sq
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And yessss. America and Google is not secure anymore anywhere for smartphone industry!!!

smartguy
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United States has done this before to French Company Alstom around 2013. They capture their executive (sounds familiar?) and then force the Alstom to sell their assets to the American Company GE, which was their direct competitor.

walden
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I listened carefully to the very respectful and thoughtful response from the CEO of Haewei and he is everything in a leader that Trump is not. Then I watched a 3o min Bloomberg video on the rise of Asia' s silicone valley in Shenzen and I was blown away by the scale of the buildings and infrastructure in general.
Trump and his supporters can talk as tough as they want, but economically America is about to get curb stomped if the present direction is not altered IMMEDIATELY !

murrayflewelling
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loud, sound, clear and sane. truly a great mind. thank you Mr wolff.

ashleymistletoe
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The damage has already been done. Trust,on a personal level takes time to build, on a national level takes generations to build, but it only takes the whim of a moment to destroy.

davidsau
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Great response, Professor Wolff! No boycott and isolationism can do America any good!

stephensze
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Very well explained. 100 percent agree. Time will tell.

promagst
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Don't apple need china in order to make their phone?

This is what happened when you let a 5 year old bully play president. I've lost braincells listening to Trump's speech "huawei is dangerous, very dangerous". Good lord my 3 year old niece has better vocabulary.

tankhuncarps
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This is a man of immense wisdom. You earned my respect.

vocalbc
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Thank you for the video today Mr. Wolff. I always appreciate your input.

Eharman
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Thank you for this video, the world knows that this ban is not a national security issue consumers are the most victims

Alice-uhjn
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Wow, you are good soul. May you be forever healthy and live happily

tomivor
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"When goods don’t cross borders, soldiers will."
-- Frederic Bastiat

Radioposting
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Thanks for your work Richard. You should be at 100K Subs soon!

getheras
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YES SIR. I could not agree more. Trump's short term political gains do not benefit America's long term international trade goals

jabulaniharvey
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Hey Prof. Wolff, took your class in Macro Econ in 1992 at Umass Amherst. I've been trying to tell my conservative friends that Trump's economic warfare is a bad idea. But they're not listening. The propaganda is strong.

felixsu
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Having grown up in Europe, we always thought of the US as our friend and alley. But in just 2 years we have been shocked to realise that we are no closer to the US than North Korea. This has had many consequences just in the company I work for. We have started to form much closer business ties with Asia rather. With this last round of problems with US & China, we have seen the value of our change, we are at least dealing with people that have a long term view on relationships.

tonycodolo
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I saw Mr wolf on PBS

Genius, we need everyone to hear this man's telling of the history of capitalism and the US

jamesdylan
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I was waiting for new Huawei foldable smartphone.

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