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US blacklists China’s Huawei


16 May 2019  

Time taken to read : 2 Minute


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WASHINGTON: The Trump administration has blacklisted telecoms giant Huawei,  fueling  the US-China trade dispute further.

The Commerce Department said it was adding Huawei Technologies Co Ltd and 70 affiliates to its “Entity List” – a move that bans the company from acquiring components and technology from US firms without government approval.

Commerce Secretary Wilbur Ross said in a statement that President Donald Trump backed the decision to “prevent American technology from being used by foreign owned entities in ways that potentially undermine US national security or foreign policy interests.”

Trump earlier in the day signed an executive order barring US companies from using telecommunications equipment made by firms deemed to pose a national security risk.

While the order did not specifically name any country or company, US officials have previously labeled Huawei a “threat” and lobbied allies not to use Huawei network equipment in next-generation 5G networks.

Huawei, which denies its products pose a security threat, said it was “ready and willing to engage with the US government and come up with effective measures to ensure product security.”

It said restricting Huawei from doing business in the United States would “limit the US to inferior yet more expensive alternatives, leaving the US lagging behind in 5G deployment and eventually harming the interests of US companies and consumers.”

(Agencies)

Publish Date : 16 May 2019 10:46 AM

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