Huawei after the Trump Direct Attack over the Good will of Business is suffering from a new age of Segregation Economy wise in the United States. Since Last week, Trump’s Order to Block Huawei, has created immense issues of Trust and Doing Business with Apple, Google and Now Panasonic.
“Panasonic announced in [an] internal notification that it should suspend transactions with Huawei and its 68 affiliates that were banned by the US government,” the firm said in a statement provided to the BBC.
But it later said that business operations that were not in breach of US regulations would continue to trade normally with Huawei.
“Panasonic will continue to strictly abide by the laws and regulations of the countries and regions in which we conduct business,” it said.
Huawei has been at the epicentre of the US-China power struggle for months.
Led by the US, the firm faces a growing backlash from Western countries over possible risks posed by using its products in next-generation 5G mobile networks.
The US argues the Chinese government could use Huawei products for surveillance.
Huawei denies such claims and says it is independent from the Chinese government.