China's Huawei, 70 affiliates placed on U.S. trade blacklist

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The U.S. Commerce Department said on Wednesday it is adding Huawei Technologies ...

WASHINGTON/NEW YORK - The U.S. Commerce Department said on Wednesday it is adding Huawei Technologies Co Ltd and 70 affiliates to its so-called “Entity List” - a move that bans the telecom giant from buying parts and components from U.S. companies without U.S. government approval.

Under the order that will take effect in the coming days, Huawei will need a U.S. government licence to buy American technology. Huawei did not immediately comment. The Commerce Department said the move comes after the U.S. Justice Department unsealed an indictment in January of Huawei and some entities that said the company had conspired to provide prohibited financial services to Iran. The department said it has a reasonable basis to conclude that Huawei is “engaged in activities that are contrary to U.S. national security or foreign policy interest.”

 

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Huawei's equipment is forbidden, and people will buy more inferior equipment at a more expensive price. Consumers will pay more.

China has 1/3 of the worlds population, lmao they Hauwei doesn't need to sell to the US, to dominate the mobile phone market

Fat Donnie & Gang, stop protecting loser “welfare queens” who use tax cuts for share buybacks to boost stock holdings instead of research! Replacing Huawei products in Canada's existing 3G and 4G mobile networks could cost more than $1.2 billion! Ban the “tariff thugs!”

But an Israeli company hacks WhatsApp and nothing.. Where's the outrage, and sanctions? potus

US is the loser as the world moves ahead on 5G. Now it will be China's turn to ban US businesses I guess. Who will it be? Boeing? Caterpillar? Intel? Cisco? Apple perhaps? There are any number of US companies vying for Chinese market.

美国的自信哪去了,这就是美国强大的自信吧

In addition to the United States, the world's products have been blacklisted by the United States.

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