The Trump administration on Friday moved to block shipments of semiconductors to Huawei Technologies from global chipmakers, in an action ramping up tensions with China. The U.S. Commerce Department said it was amending an export rule to “strategically target Huawei’s acquisition of semiconductors that are the direct product of certain U.S. software and technology.”
H/T: Reuters
Commerce Secretary Wilbur Ross told Fox Business “there has been a very highly technical loophole through which Huawei has been in able, in effect, to use U.S. technology with foreign fab producers.” Ross called the rule change a “highly tailored thing to try to correct that loophole.”
Despite the Entity List actions the Department took last year, Huawei and its foreign affiliates have stepped-up efforts to undermine these national security-based restrictions through an indigenization effort. However, that effort is still dependent on U.S. technologies.
— Sec. Wilbur Ross (@SecretaryRoss) May 15, 2020
This is not how a responsible global corporate citizen behaves. We must amend our rules exploited by Huawei and HiSilicon and prevent U.S. technologies from enabling malign activities contrary to U.S. national security and foreign policy interests. → https://t.co/BZIZBr2DFX pic.twitter.com/j45HcV6DMF
— Sec. Wilbur Ross (@SecretaryRoss) May 15, 2020
Based on what I know, if the US further blocks key technology supply to Huawei, China will activate the "unreliable entity list", restrict or investigate US companies such as Qualcomm, Cisco and Apple, and suspend the purchase of Boeing airplanes.
— Hu Xijin 胡锡进 (@HuXijin_GT) May 15, 2020
AND IT STARTS...
— Max Douglas M. (@MaxManaged) May 15, 2020
Futures Tumble After US Restarts Trade War With China, Locks Out Huawei; China Vows Retaliation Against Apple, Boeing | Zero Hedge https://t.co/Uu6tSWa7va
The Trump administration announced a new export restriction that stops foreign semiconductor manufacturers whose operations use U.S. software and technology from shipping products to Huawei without getting a license from U.S. officials first https://t.co/jPwR5TvduL
— The Wall Street Journal (@WSJ) May 15, 2020
Huawei is a threat to our national security and needs to be stopped -- >> U.S. Delivers Another Blow to Huawei With New Tech Restrictionshttps://t.co/u7EoONmqkB
— Sean Spicer (@seanspicer) May 15, 2020
US will cut off Huawei from acquiring semiconductors from global chipmakers made with US tech.
— Cathy He (@CathyHe_ET) May 15, 2020
Commerce dept it was closing a 'loophole' exploited by Huawei after it was blacklisted last May from doing business with US firms on national security groundshttps://t.co/acX4j3fubq
