Edition: International | Greek
MENU

Home » Business

US bid to toughen sales ban to Huawei stalled

The US Department of Commerce (DoC) has been looking at ways to further restrict Huawei since November 2019

By: N. Peter Kramer - Posted: Tuesday, January 28, 2020

The DoC drafted rules to lower the 25 per cent to 10 per cent and include more non- technical goods to give it more authority.
The DoC drafted rules to lower the 25 per cent to 10 per cent and include more non- technical goods to give it more authority.

by N. Peter Kramer

While many countries like the UK are warned by US President Trump not to deal with Huawei about 5G, US businesses are concerned that tougher restrictions for the Chinese company to buy US-made components will have impact to domestic business.

The US Department of Commerce (DoC) has been looking at ways to further restrict Huawei since November 2019, exploring a rule which would increase its authority over exports to Huawei due to concerns among officials that key supply chain remained out of its reach.

Currently the US can block or require companies to obtain a license for the sale of products to Huawei where domestic components comprise 25 per cent or more of the finished goods. The DoC drafted rules to lower the 25 per cent to 10 per cent and include more non- technical goods to give it more authority.

However, the US Department of Defense (DoD) disagreed with the proposal, which led to the DOC temporarily pulling the plan out of a review process.

It seems that the DoD cited concerns from US businesses, which have argued increased regulation on sales to Huawei would unnecessarily hurt companies in the country and ultimately result in Huawei looking abroad for what they need. The US government will address the issue soon.

READ ALSO

EU Actually

‘Success of European project is measured by delivering on political ambitions not by the size of the budget’

N. Peter KramerBy: N. Peter Kramer

At the end of this week, 20 and 21 February, the 27 EU leaders are invited by their president, Charles Michel, for an EU Council summit in Brussels, to discuss the EU’s next long-term budget

View 04/2019 2019 Digital edition

Magazine

Current Issue

04/2019 2019

View past issues
Subscribe
Advertise
Digital edition

Europe

Civil Society – the EU’s best partner in Central Asia

Civil Society – the EU’s best partner in Central Asia

The EU needs to put civil society at the heart of its strategy to rebuild its political presence in Central Asia

Business

Getting people with disabilities into work requires data

Getting people with disabilities into work requires data

People with disabilities – estimated to be about 15% of the world population – constitute a largely untapped pool of talent in the labour market. And they face a high risk of being marginalized further as the world of work undergoes rapid transformations, including technological developments, climate change and demographic shifts

MARKET INDICES

Powered by Investing.com
All contents © Copyright EMG Strategic Consulting Ltd. 1997-2020. All Rights Reserved   |   Home Page  |   Disclaimer  |   Website by Theratron