Reuters reported exclusively that the U.S. government may expand its power to stop more foreign shipments of products with U.S. technology to China’s Huawei, amid frustration the company’s blacklisting has failed to cut off supplies to the world’s largest telecoms equipment maker. The expansion of the rules is being considered even though the Trump Administration agreed in October to grant some reprieves on the existing ban and continues to seek a deal to de-escalate a bitter trade war.
Reuters exclusively reports U.S. weighs new regulations to further restrict Huawei suppliers
29 November 2019, 12:00 am 1 minute
Article Tags
Type: Reuters Best
Sectors: Equities
Regions: Americas