Reklam
Reklam
Reklam
Reklam

US escalates trade war with tighter controls on Huawei suppliers

THE US has increased the pressure on Huawei by tightening export controls on the Chinese telecoms group and its suppliers, heightening tensions with Beijing that have flared during the coronavirus pandemic, reports London's Financial Times

19 May 2020 - 19:00

THE US has increased the pressure on Huawei by tightening export controls on the Chinese telecoms group and its suppliers, heightening tensions with Beijing that have flared during the coronavirus pandemic, reports London's Financial Times.

The US Commerce Department accused Huawei of continuing to use American technology in its semiconductor designs, despite having been subject to export controls since May 2019.



The move to close loopholes in those controls came at the end of a week in which the Trump administration prevented a government pension fund from investing in Chinese stocks and President Donald Trump suggested the US could 'cut off the whole relationship' with China.



The new rule prevents any company from selling to Huawei without a licence if the product they are selling has been designed or made using US-produced technology or hardware.



The original restrictions required companies to secure a licence before selling US-made equipment to Huawei. But they did not stop manufacturers from being able to sell to the Chinese company if the material was made abroad.


SeaNews Turkey

This news 199 hits received.

COMMENTS

  • 0 Comment