The U.S. government may apply technology export sanctions against Chinese security systems manufacturer Hikvision. Those may be similar to those applied, but delayed, to Huawei and should be seen against the backdrop of the wider trade war between the U.S. and China. Hikvision’s U.S. seaborne imports have already been in decline with a 57.0% year over year drop in shipments in the three months to Apr. 30. That’s been due to tariffs on monitors, where imports slumped by 71.5%, and video recorders which fell 59.2%. Hikvision redistributes most of its own imports, accounting ...
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