US Puts New Sanctions on Chinese Firm Huawei

US Puts New Sanctions on Chinese Firm Huawei

Giving a big jolt to the Chinese smartphone maker Huawei, the Trump administration unfolded its curbs on the company on Monday. It prevented the chips made out of using US technology from suppliers to sell them.

The step was taken to plug-in the existing loopholes in the sanctions initiated in May against the company, which allowed them to seek the help of third parties. Suppliers would now require special licenses to sell them.

The US is pressing government globally that Huawei would hand over their data to the Chinese government to use against them. However, the company has denied any such claims for spying.

FAQs

Leave a Reply

Your email address will not be published. Required fields are marked *