- The U.S. government has temporarily eased trade restrictions imposed last week on China’s Huawei, a move aimed at minimizing disruption for its customers but dismissed by its founder who said the tech firm had prepared for U.S. action.
The U.S. government said it imposed the restrictions because of Huawei’s involvement in activities contrary to national security or foreign policy interests. “The goal seems to be to prevent internet, computer and cell phone systems from crashing,” said Washington lawyer Kevin Wolf, a former Commerce Department official. “This is not a capitulation. This is housekeeping.”
The government tied Huawei’s addition to the “entity list” to a pending case accusing the company of engaging in bank fraud to obtain embargoed U.S. goods and services in Iran and move money out of the country via the international banking system. Huawei has pleaded not guilty. “I think this is a reality check,” said Washington trade lawyer Douglas Jacobson. “It shows how pervasive Huawei goods and technology are around the globe and if the U.S. imposes restrictions, that has impacts.”
When a company tells a country that the country 'underestimate' them, it means this company is not doing pure business.
BRI program around the world
What!! So fast!! realDonaldTrump what a chicken!!! 🐓
HUAWEI depicts the Chinese technology at best. 'A WORLD OF MANY'
Not true. Even with starter donkeymonkey phones. US has done a mistake. When USA start cutting an open source program. Another better open source program shows up. The terminology Trump is adopting (sanctions braking treaties & Tariffs) is what's wrong, not that Huawei is strong
National bully?
How much more naïve can the U.S. become. Or maybe you can call it
bernamadotcom This trade war (US vs China) is a good healthy competitiveness for the third world markets !!! As this shall act as the price control !!!
RobertAlai It's barely a week and boom,they've realized there mistake
Sad for America， its time to say goodbye
No chance of them coming to North America
before the solar flare, I will remember all the good stuff came from China, Japan, Korea etc.... Oh, what a world...if you can't make it don't begrudge everyone who can.
Really? 700club cbngordon randpaul realDonaldTrump kennedynation foxnews sandrasmithfox marklevinshow rushlimbaugh danarohrabacher jaysekulow judgenap tedcruz dbongino
Underestimated all that they’ve stolen?
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