New US limits on Huawei suppliers coming soon, says US Commerce Secretary Ross in Davos

//New US limits on Huawei suppliers coming soon, says US Commerce Secretary Ross in Davos

New US limits on Huawei suppliers coming soon, says US Commerce Secretary Ross in Davos

US Commerce Secretary Wilbur Ross said new rules are coming soon that will put more limits on American companies supplying China’s telecommunications leader Huawei Technologies.Huawei was blacklisted last year as a security threat by the administration of President Donald Trump. That prevented many US companies from selling to the Chinese company. However, some US suppliers worked around the rules to continue sending some crucial electronic components to Huawei.“They are works in progress that…

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By | 2020-01-24T06:41:36+00:00 January 24th, 2020|Business|Comments Off on New US limits on Huawei suppliers coming soon, says US Commerce Secretary Ross in Davos