The U.S. Commerce Department said on Wednesday it is adding Huawei Technologies Co Ltd and 70 affiliates to its so-called “Entity List” – a move that bans the telecom giant from buying parts and components from U.S. companies without U.S. government approval.
U.S. officials told Reuters the decision would also make it difficult if not impossible for Huawei, the largest telecommunications equipment producer in the world, to sell some products because of its reliance on U.S. suppliers.
Under the order that will take effect in the coming days, Huawei will need a U.S. government license to buy American technology. Huawei did not immediately comment.
Commerce Secretary Wilbur Ross said in a statement President Donald Trump backed the decision that will “prevent American technology from being used by foreign-owned entities in ways that potentially undermine U.S. national security or foreign policy interests.”
The dramatic move comes as the Trump administration has aggressively lobbied other countries not to use Huawei equipment in next-generation 5G networks and comes just days after the Trump administration imposed new tariffs on Chinese goods amid an escalating trade war.
At the Conservative Treehouse, Sundance reacts.
The overall strategery here is brilliant. After two years of rope-a-dope…. Trump exits the corner for the championship rounds in the trade fight: First the body blow, China boxed-in with trade confrontation and consequences of retreat from agreement (Mnuchin and Lighthizer);… Then whammo, the roundhouse XO placing telecom under national security review (Navarro and Pillsbury); then upper-cut, Wilburine places Hauwei and affiliates on Commerce Dept. trade blacklist… Lions and Killers and Strategists, oh my.Read more here.
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