00:00It's Benzinga bringing Wall Street to Main Street.
00:02U.S.-China tech tensions reignited Wednesday as Beijing warned it may pursue legal action
00:06against any entity enforcing U.S. restrictions on Huawei technology ships.
00:10According to Bloomberg, Chinese Commerce Ministry said assisting Washington's curbs
00:14could breach its anti-foreign stations law.
00:17U.S. initially warned the global use of Huawei semiconductors would breach export controls,
00:22but China argued such actions by the Trump administration undermine recent Geneva trade
00:26talks. Beijing is attempting to attain dialogue with the U.S. despite ongoing disputes over
00:32tech restrictions, critical minerals, and tensions related to fentanyl. Analysts suggest tech
00:37restrictions may eventually be addressed in broader trade negotiations.
00:41For all things money, visit Benzinga.com slash GSTV.
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