U.S. government to consider Huawei as blacklisted despite President Trump’s call for sales ban to be eased

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 92%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Huawei Technologies was added to a list banning U.S. companies from selling to them without clearance

China's President Xi Jinping greets US President Donald Trump before a bilateral meeting on the sidelines of the G20 Summit in Osaka. US-China trade negotiations are now headed in a positive direction following this weekend's meeting between President Donald Trump and his Chinese counterpart Xi Jinping, a top White House aide said on July 2, 2019.

But Trump’s comments also spawned confusion among industry players and government officials struggling to understand what Huawei policy he had unveiled. He added that any further guidance from BIS should also be taken into account when evaluating Huawei-related license applications. A person familiar with the matter said the letter was the only guidance that enforcement officials had received after Trump’s surprise announcement on Saturday. A presumption of denial implies strict review and most licenses reviewed under it are not approved.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Shame on Trump for backing down on Huawei

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in BUSİNESS

Business Business Latest News, Business Business Headlines