Economy

US Commerce Department tightens screws on Huawei export controls

US Commerce Department tightens screws on Huawei export controls”

Under the new rules, foreign semiconductor makers must obtain a license from U.S. officials in order to ship to Huawei-designed semiconductors to the Chinese company that were produced using USA technology.

On Friday, the Trump administration said it would amend an export rule to block shipments of semiconductors that are the "direct product of certain USA software and technology", Reuters reported. America sees its intellectual property dominance as a key tool in challenging China's rise.

Beijing has urged the United States to draw a line under what it calls the "unreasonable suppression of Huawei and Chinese enterprises" following Washington's announcement of new export controls to restrict the tech giant's access to American semiconductor technology. The foreign ministry told that it would "firmly defend its companies' legal rights" in response to a question about possible retaliation in response to the U.S.

Huawei is at the center of a broad struggle for technological dominance between the USA and China.

Under the new rules, foreign semiconductor makers who use American technology must obtain a US license to ship Huawei-designed semiconductors to the Chinese company.

More news: President Trump: US rebuilding national stockpile

The Trump administration issued new rules yesterday that will bar Huawei and its suppliers from using U.S. technology and software, a significant escalation in its battle with the Chinese telecommunication giant and one that will likely inflame tensions with Beijing.

Huawei has not yet responded to requests for comment. The rule targets chips designed or custom-made for Huawei.

"It seems the U.S.is ratcheting up efforts to pinch China's high-tech companies, the editorial read, calling it more than just an element of President Donald Trump's re-election strategy".

Commerce Secretary Wilbur Ross accused Huawei of continuing "to use US software and technology to design semiconductors, undermining the national security and foreign policy purposes of the Entity List". But China's official Global Times newspaper threatened countermeasures on Friday.

Additionally, China can suspend its purchases of Boeing aircraft, which could be a huge blow to the aerospace firm as it faces massive losses over the coronavirus crisis. The National Defense Authorization Act that became law in 2018 that bans the US government from using certain products made by Huawei and ZTE.



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