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U.S. government staff told to treat Huawei as blacklisted
Source: Reuters
BUSINESS NEWS JULY 2, 2019 / 10:29 PM / UPDATED 2 HOURS AGO
U.S. government staff told to treat Huawei as blacklisted
WASHINGTON (Reuters) - A senior U.S. official told the Commerce Department’s enforcement staff this week that China’s Huawei should still be treated as blacklisted, days after U.S. President Donald Trump sowed confusion with a vow to ease a ban on sales to the firm.
Trump surprised markets on Saturday by promising Chinese President Xi Jinping on the sidelines of the G20 summit in Japan that he would allow U.S. companies to sell products to Huawei Technologies Co Ltd.
In May, the company was added to the so-called Entity List, which bans American firms from selling to it without special permission, as punishment for actions against U.S. national security interests.
Trump’s announcement on Saturday - an olive branch to Beijing to revive stalled trade talks - was cheered by U.S. chipmakers eager to maintain sales to Huawei, the world’s largest telecoms equipment maker and a key U.S. customer.
But Trump’s comments also spawned confusion among industry players and government officials struggling to understand what Huawei policy he had unveiled.
-snip-
U.S. government staff told to treat Huawei as blacklisted
WASHINGTON (Reuters) - A senior U.S. official told the Commerce Department’s enforcement staff this week that China’s Huawei should still be treated as blacklisted, days after U.S. President Donald Trump sowed confusion with a vow to ease a ban on sales to the firm.
Trump surprised markets on Saturday by promising Chinese President Xi Jinping on the sidelines of the G20 summit in Japan that he would allow U.S. companies to sell products to Huawei Technologies Co Ltd.
In May, the company was added to the so-called Entity List, which bans American firms from selling to it without special permission, as punishment for actions against U.S. national security interests.
Trump’s announcement on Saturday - an olive branch to Beijing to revive stalled trade talks - was cheered by U.S. chipmakers eager to maintain sales to Huawei, the world’s largest telecoms equipment maker and a key U.S. customer.
But Trump’s comments also spawned confusion among industry players and government officials struggling to understand what Huawei policy he had unveiled.
-snip-
Read more: https://www.reuters.com/article/us-china-usa-huawei/u-s-government-staff-told-to-treat-huawei-as-blacklisted-idUSKCN1TY07N
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