Huawei is still blacklisted by the US

Jamie McKane

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Huawei is still blacklisted by the US

The U.S. said it would grant licenses allowing companies to export goods to Huawei Technologies Co. but won’t remove the Chinese technology giant from an export blacklist, as talks between the world’s two biggest economies resumed.

The Department of Commerce will “issue licenses where there is no threat to U.S. national security,” though Huawei will continue to face export controls, Commerce Secretary Wilbur Ross said on Tuesday in Washington.

[Bloomberg]
 
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