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

One year after the Draghi report: China’s trade surplus increased by almost 20 percent

N. Peter KramerBy: N. Peter Kramer

At the presentation of his 400-page report in September 2024, Mario Draghi said, the EU will face a ‘slow death’ if it doesn’t quickly close the gap with economic superpowers such as the United States and China

Europe

The EU must define its red lines in a tough new security doctrine

The EU must define its red lines in a tough new security doctrine

Realpolitik, greatly enhanced by television, has in recent weeks sent an embarrassing message around the world – the European Union isn’t the global player it claims to be

Business

The Next Chapter: Governance and Growth for Global South families

The Next Chapter: Governance and Growth for Global South families

In much of the Global South, family-owned businesses are not a side story

MARKET INDICES

Powered by Investing.com
All contents © Copyright EMG Strategic Consulting Ltd. 1997-2025. All Rights Reserved   |   Home Page  |   Disclaimer  |   Website by Theratron