SHANGHAI - The Chinese electronics giant Huawei is preparing to sue the US government for barring federal agencies from using the company's products, according to two people familiar with the matter.
Executives have spoken out strongly against the United States' actions, and new marketing campaigns have been aimed at mending the company's image among consumers. This year, the Justice Department filed criminal charges against the company and its chief financial officer in connection with evading US sanctions on Iran.
During a meeting in the Oval Office with a delegation of Chinese officials last month, Trump said:"We'll be making that decision," when asked if he would drop the criminal charges against Huawei as part of the trade deal. He added:"We'll be talking to the attorney general." Huawei's plans are not final. It could still decide to change course, or to not file a lawsuit at all.
Around two years ago, US officials began expressing worries that Moscow could use the company's software to gather intelligence. The company denied the allegations. But in September 2017, the Department of Homeland Security directed federal agencies to begin removing the company's products from government systems. Congress then codified the ban in a spending law.
If they wont buy your products... sue them.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Exclusive: Brazil's state bank Caixa close to selling US$2.4-billion Petrobras stake - sourcesBrazilian state-owned bank Caixa Economica Federal is close to selling a 9-billion-real (US$2.4 billion) stake it owns in oil company Petroleo ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Source: The Straits Times - 🏆 8. / 63 Read more »
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Source: The Straits Times - 🏆 8. / 63 Read more »