It could be 'catastrophic': Analyst on US action against Huawei

12:26 AM ET Fri, 17 May 2019

The U.S. declared a national emergency over threats against American technology. Edward Snyder of Charter Equity Research says America's ban on ZTE in 2018 was less "draconian" but almost shut the company down. He also says U.S. suppliers to Huawei could see some revenue declines.