U.S. blacklists China’s Huawei as trade dispute clouds global outlook

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U.S. blacklists China’s Huawei as trade dispute...
 © CyprusMail 2019
By David Lawder and Susan Heavey

The Trump administration hit Chinese telecoms giant Huawei with severe sanctions on Wednesday, adding another incendiary element to the U.S.-China trade dispute just as Treasury Secretary Steven Mnuchin said he would visit China soon for more talks.

The Commerce Department said it was adding Huawei Technologies Co Ltd and 70 affiliates to its “Entity List” – a move that bans the company from acquiring components and technology from U.S. firms without government approval.

Commerce...


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U.S. blacklists China’s Huawei as trade dispute clouds global outlook


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Article Tags: blacklists, china, huawei, trade, dispute, clouds, global, outlook,