Trump administration moves toward blocking more sales to Huawei: sources

The U.S. government is nearing publication of a rule that would vastly expand its powers to block shipments of foreign-made goods to China’s Huawei, as it seeks to squeeze the blacklisted telecoms company, two sources said. The U.S. Commerce Department in May placed Huawei Technologies Co Ltd [HWT.UL] on a trade blacklist, citing national security concerns. That allowed the U.S. government to restrict sales of U.S.-made goods to the company and a small number of items made abroad that contain U.S. technology. Under current regulations, key foreign supply chains remain beyond the reach of U.S. authorities, fueling frustration among China hawks within the administration and a push to expand U.S. authority to block more shipments to Huawei.

Spotlight

Other News

Dom Nicastro | April 03, 2020

Read More

Dom Nicastro | April 03, 2020

Read More

Dom Nicastro | April 03, 2020

Read More

Dom Nicastro | April 03, 2020

Read More

Spotlight

Resources