Washington halts licenses for U.S. tech exports to Huawei


WASHINGTON (Financial Times) — The Biden administration has stopped providing U.S. companies with licenses to export to Huawei as it moves toward imposing a total ban on the sale of American technology to the Chinese telecom equipment giant.

Several people familiar with the discussions inside the administration said the Commerce Department had notified some companies that it would no longer grant licenses to any group wanting to export American technology to Huawei.





Source link

Previous articleBitcoin slides to support at $22,700 as all eyes turn toward the Fed
Next article82% sought investment advice in 2022