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Andreas Gerstenmayer, CEO of the world's leading printed circuit boards maker, said the BRI opened up new horizons for the company's development as sales volume from the Chinese market is expected to account for half of its global sales.

Analysts said the remark demonstrates that Huawei remains cautious toward the US government and is determined to beef up its core technologies no matter how the situation develops.

Analysts attributed the move to alleviated pressure on fund supply in the money market.

Analysts have said that since the new tariffs would target retail items, along with other consumer goods, the impact on the US economy will be more direct.

And one tech industry with deep roots in the Seattle area is helping to fuel the boom. Online retailers — companies such as Amazon, Julep and Zulily — continue to add headcount in an aggressive manner. According to the report, the “other retail trade” — which includes online retail — added 1,400 jobs in the month of March. Year-over-year, the “other retail trade” was up 9,500, a 15 percent chunk of the overall 60,900 jobs added.