Authorities. On digital john deal with the u. S. And france are waging a terrible war of words as the nations leaders meet in london for richer the British American Business Association is on hand to dig into the details of how tech tax is driving the escalation plus as your team of guard has taken the reins at the e. C. B. She has already made some Firm Commitments for the central bank professor of economics on patriot and steve keen joins us from amsterdam to break down the banks move and the central what Central Banks have come under fire around the globe we have a packed show today so lets get right to it. The trombone ministration is considering reviving a plan to kick qual way out of the u. S. Banking system this proposal was previously is considered by the White House National Security Council as a Nuclear Option to sanction the company but was ultimately shelved due to the aggressive nature of the sanction this plan would put quality on the treasury departments best so it actua
For the u. S. As well this designation would prohibit American Companies or citizens from trading or conducting Financial Transactions with qual way and freeze its x. 6 held in the us this would also put pressure on u. S. Allies that already rely on a hallway for their 4 g. Networks and have broad widespread implications severely impacting businesses in europe and asia outside of china so with huawei sprawling size and dozens of subsidiaries it would severely complicate us in force and make it difficult to foresee and prepare for major fallout both foreign and domestic while a is finding itself increasingly unwelcomed in the United States and is planning to relocate its Research Center from the u. S. To canada hallways spend almost 5 110000000. 00 on its u. S. Research facility last year and since the us started its campaign to block wa way under the guise of National Security concerns wa is has had to trim its research arm by 600 bodies down to 250 talent recruitment became a child. T
This is boom bust broadcasting around the world and covering all aspects of our Global Economy in the 21st century im going to bore and im christiane washington heres whats coming up today. You will see it once again the sanctions would be unacceptable we question the legal analysis by the u. S. Authorities of Just National on digital to join. The u. S. And france are waging a terrible war of words as the nations leaders meet in london for rest of the British American Business Association is on hand to dig into the details of how a tech tax is driving the escalation plus as her team of guard has taken the reins at the e. C. B. She has already made some Firm Commitments for the central bank professor of economics on patriot and steve keen joins us from amsterdam to break down the banks move and of the central what Central Banks have come under fire around the globe we have a packed show today so lets get right to it. The Trump Administration is considering reviving a plan to kick qual w
A trade blacklist which for suppliers to obtain a special license to sell to it the plan has been brought back up to the decision table in order to quote impose maximum pressure we seem to hear be hearing a lot of that these days but placing huawei on the s. And d. List is a double edged sword this would create logistical diplomatic and economic difficulties for the u. S. As well this designation would prohibit American Companies or citizens from trading or conducting Financial Transactions with qual way and freeze its x. 6 held in the us this would also put pressure on u. S. Allies that already rely on a hallway for their 4 g. Networks and have broad widespread implications severely impacting businesses in europe and asia outside of china so with huawei sprawling size and dozens of subsidiaries it would severely complicate u. S. Enforcement and make it difficult to foresee and prepare for major fallout both foreign and domestic wa is finding itself increasingly unwelcomed in the Unite
Our witnesses we proceed to the hearing and i think many of us would like to say a comment about the late john conyers who was a member of this committee for many decades who gave his life to Public Service and who passed away just a few days ago while serving his country both in the armed forces and in the congress. We do more in his passing and it would be not in keeping with our traditions to proceed without at least giving our condolences to his family and to those who sent him to congress. I would like to recognize mr. Nadler for remarks. Thank you madam chairperson. People are mourning the loss of john conyers but nowhere is his loss felt more deeply than here in the Judiciary Committee where he served for more than 50 years as a member of this committee including more than 20 years as either chairman or Ranking Member. John conyers was a true champion for civil rights and a justice for the oppressed and disenfranchised. Prior to service was on the forefront of the Civil Rights M