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Huawei, Cisco, Walmart, Nvidia and Amazon - 5 Things You Must Know

Joseph Woelfel

U.S. stock futures were higher on Thursday and global stocks traded mostly to the downside after Donald Trump blacklisted China's Huawei Technologies from doing business with the United States, underscoring the breadth of the president's myriad trade disputes and their potential impact on the world's largest economy. Telecom giant Huawei, a key plank in China's ambitions toward dominating 5G networking around the globe, was placed on the "Entity List" by the U.S. Commerce Department late Wednesday, a move that effectively prevents it from acquiring components and technology from American companies without prior government approval.