US real loser of crackdown on Huawei, Professor Wolff tells Boom Bust ...News

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US real loser of crackdown on Huawei, Professor Wolff tells Boom Bust
source : Russia Today ( News ) () 20
The Biden administration should back off from the confrontation with Beijing, as targeting Chinese companies have not only proved ineffective, but may also backfire on US businesses, Professor Richard Wolff believes. In the latest episode of RT’s Boom Bust, the author of ‘Understanding Socialism’ and the host of Economic Update, said that the US’ policies targeting Huawei simply have not worked, as the telecoms giant is doing fine, despite attempts to block its access to software and vital components.  “We in the United States are losers by this,” Wolff said. “Other companies are going to

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