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15th March 2021, 11:41 | #1 |
[M] Reviewer Join Date: May 2010 Location: Romania
Posts: 153,541
| Biden brings in tighter restrictions against Huawei No respite The Biden administration this week amended licences for companies to sell to China’s Huawei further restricting companies from supplying items that can be used with 5G devices, sources said. The changes could disrupt existing contracts with Huawei that were agreed upon under previous licences that have now been changed, two of the sources said. The actions show the Biden administration is reinforcing a hard line on exports to Huawei, the telecommunications equipment maker placed on the trade blacklist over US national security concerns. The initial export licences were granted by the Commerce Department after the company was placed on the department’s trade blacklist in 2019. This week’s new conditions make older licences more consistent with tougher licensing policies implemented in the waning days of the Trump administration. https://fudzilla.com/news/52513-bide...against-huawei |
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